Since inception in 2017, LSP have deployed contractors with our Clients and Developers all over Europe, Asia and the rest of the globe. We are experienced in the process of helping our contractors set up their payment model and to assist with mobilisation and deployment alongside our trusted partners.
What documentation is required to work with LSP?
Our dedicated Compliance department work closely with all our contractors providing support and advise throughout the process. Prior to starting your contract LSP will require the following information:
- A clear copy of your Passport (Please note that by providing this, you consent to LSP conducting an ID Check via a trusted partner.)
- Certificate of Company Incorporation
- VAT Registration Certificate (if relevant)
- Bank Details (please note that we will require these on an official document which also shows your company name. This can be a screenshot or picture of the relevant part of your bank statement, for example.)
- Insurance certificates
- A1 Certificate
- Any relevant certifications and/or qualifications
How do I get paid?
Contractors can be paid in a variety of ways:
Personal Services Company - this is subject to agreement by the end Client
PAYE via LSP Renewables
Umbrella Company. You can view the list of preferred suppliers to LSP here.
LSP operate an online timesheet portal enabling you to log your hours from a device or computer and without the need for paper timesheets. This efficient solution means you can submit hours and expenses and receive digital approval from your manager. At the beginning of your contract you will receive your personal login details to the portal.
What is IR35?
Due to wide non-compliance with the IR35 rules, the government introduced reforms in the public sector in April 2017 – these are known as the “off-payroll rules”. The Chancellor announced in the Budget on the 29th October 2018 that the government will also reform the off-payroll working rules in the private sector. On 17th March 2020 the UK Government announced a 1-year delay to new IR35 Off-Payroll Working rules, in light of ongoing COVID-19 challenges and effects, the new implementation will take place from 6th April 2021 from this date, the liability for assessing IR35 status is no longer on the contractor’s intermediary but on the client.
Access our IR35 Guide here to find out how this will impact you.
Key Information Document
This legislation incorporates a revision into the Conduct of Employment Agencies and Employment Businesses Regulations, or ‘Conduct Regulations.’
The purpose of the implementation of Key Information Documents was to increase pay transparency for agency workers and provide key information regarding their assignments. You can view an example of the KID with the various different pay models here. Download the example KID