A lucrative place for business
There are many reasons why the UK is such a lucrative place for business amongst international companies; aspects such as the country’s economic stability, talented workforce, and business-friendly environment are just a few. In the 2018/2019-tax year, 672,890 start-ups were founded in the UK, and with good reason.
Procorre Global offers a range of UK PEO and Employer of Record services to enable growing businesses around the world to compliantly enter the UK market without the need of a permanent entity or establishment. Choosing a PEO or Employer of Record route into the UK market significantly speeds up your time-to-market, and gives you access to the wider Procorre Group’s support with recruitment challenges and consultancy support.
With our own head office being situated in London, we can offer UK PEO and Employer of Record services at much more competitive rates than other providers, and bring a compliant, fast, transparent, hassle-free process along with it.
Working in the United Kingdom
Employment Information
Employees cannot work more than an average of 48 hours per week, unless they sign an agreement to this alongside their contract.
Employees are generally paid at their usual hourly rate, however if they work more than normal full-time hours or at unsociable times, they may get pay more.
Some employers in the UK give additional time off known as ‘time off in lieu (TOIL)’ in substitute of overtime pay.
Income Tax Rates
The standard Personal Allowance is £12,570, which is the amount of income an individual doesn't have to pay tax on.
A worker's Personal Allowance may be bigger if they claim Marriage Allowance or Blind Person’s Allowance. It’s smaller if their income is over £100,000.
England & Wales
|
Personal Allowance |
Up to £12,570 |
0% |
|
Basic rate |
£12,571 to £50,270 |
20% |
|
Higher rate |
£50,271 to £150,000 |
40% |
|
Additional rate |
over £150,000 |
45% |
Scotland
|
Personal Allowance |
Up to £12,570 |
0% |
|
Starter Rate |
£12,571 to £14,667 |
19% |
|
Basic Rate |
£14,668 to £25,296 |
20% |
|
Intermediate Rate |
£25,297 to £43,662 |
21% |
|
Higher Rate |
£43,663 to £150,000 |
41% |
|
Top Rate |
over £150,000 |
46% |
National Insurance Contributions
From 6 April 2022 to 5 April 2023 National Insurance contributions will increase by 1.25%. This increase is to be spent on the NHS and social care in the UK.
The increase will apply to:
- Class 1 (paid by employees)
- Class 4 (paid by self-employed)
- secondary Class 1, 1A and 1B (paid by employers)
- The increase will not apply if you are over the State Pension age.
Annual Leave Entitlement
Employees are entitled to a minimum of 28 days paid holiday (the equivalent of 5.6 weeks), this is calculated on pro-rata basis. Bank holidays do not have to be given as part of paid leave but can be chosen to by the employer.
Public Holidays (2022)
- Monday 3rd Jan 2022
- Friday 15th April 2022
- Monday 18th April 2022
- Monday 2nd May 2022
- Thursday 2nd June 2022
- Friday 3rd June 2022
- Monday 29th August 2022
- Monday 26th December 2022
- Monday 27th December 2022
Maternity
Statutory Maternity Pay (SMP) is paid for up to 39 weeks. Employees receive:
- 90% of their average weekly earnings (before tax) for the first 6 weeks
- £151.97 or 90% of their average weekly earnings (whichever is lower) for the next 33 weeks
- SMP is paid in the same way as the employee's wages (for example monthly or weekly). Tax and National Insurance will be deducted.
- If the employee takes Shared Parental Leave, they'll receive get Statutory Shared Parental Pay (ShPP). ShPP is £151.97 a week or 90% of the average weekly earnings, whichever is lower.
Sick Pay
Employers are entitled to £96.35 per week Statutory Sick Pay (SSP) if they're too ill to work. This is paid by the employer for up to 28 weeks.
Impacts from COVID-19
The United Kingdom, similar to many other nations in Europe, administered tough restrictions throughout 2020 and 2021 to curb the spread of the COVID-19 pandemic. Nationwide lockdowns and mask wearing were observed throughout all four nations in the United Kingdom. As a result of devolution in the United Kingdom, England, Scotland, Wales, and Northern Ireland took slightly different approaches to preventing the spread of COVID-19.
In February 2022, the British Government announced its 'Living with COVID' plan, and began moving away from all of the previous restrictions.
Cultural Information
The United Kingdom is a diverse country with a large population of around 67 million.
A variety of culture and experiences can be found throughout the British Isles, and art and music are key parts of the country's culture and heritage.
The United Kingdom boasts a rich history which can be explored and observed everywhere.
While the UK's official religion is Christianity, British people are generally secular in their beliefs, with around 72% of the population not following any specific religion.
English is the official language of the United Kingdom, however Celtic languages including Cornish, Welsh, Irish, and Scottish Gaelic, can all be heard throughout the British Isles.
The UK Market - Did you know?
- The UK’s corporation tax rates are the lowest in the G7
- The country houses four of the world’s top universities
- Britain ranks 5th in the world for growth opportunities
- London is considered the ‘financial hub of the world’
- The UK’s population of 67 million offers a broad, diverse market
- The UK has record investments in fintech, cleantech and AI
- As a UK PEO, we can get you set up fast, easily and transparently
UK PEO Services
United Kingdom PEO Services
There are many reasons why the UK is such a lucrative place for business amongst international companies; aspects such as the country’s economic stability, talented workforce, and business-friendly environment are just a few. In the 2018/2019-tax year, 672,890 start-ups were founded in the UK, and with good reason.
Procorre Global offers a range of UK PEO and Employer of Record services to enable growing businesses around the world to compliantly enter the UK market without the need of a permanent entity or establishment. Choosing a PEO or Employer of Record route into the UK market significantly speeds up your time-to-market, and gives you access to the wider Procorre Group’s support with recruitment challenges and consultancy support.
With our own head office being situated in London, we can offer UK PEO and Employer of Record services at much more competitive rates than other providers, and bring a compliant, fast, transparent, hassle-free process along with it.
The UK Market - Did you know?
Employment Information
Employees cannot work more than an average of 48 hours per week, unless they sign an agreement to this alongside their contract.
Employees are generally paid at their usual hourly rate, however if they work more than normal full-time hours or at unsociable times, they may get pay more.
Some employers in the UK give additional time off known as ‘time off in lieu (TOIL)’ in substitute of overtime pay.
Income Tax Rates
The standard Personal Allowance is £12,570, which is the amount of income an individual doesn't have to pay tax on.
A worker's Personal Allowance may be bigger if they claim Marriage Allowance or Blind Person’s Allowance. It’s smaller if their income is over £100,000.
England & Wales
|
Personal Allowance |
Up to £12,570 |
0% |
|
Basic rate |
£12,571 to £50,270 |
20% |
|
Higher rate |
£50,271 to £150,000 |
40% |
|
Additional rate |
over £150,000 |
45% |
Scotland
|
Personal Allowance |
Up to £12,570 |
0% |
|
Starter Rate |
£12,571 to £14,667 |
19% |
|
Basic Rate |
£14,668 to £25,296 |
20% |
|
Intermediate Rate |
£25,297 to £43,662 |
21% |
|
Higher Rate |
£43,663 to £150,000 |
41% |
|
Top Rate |
over £150,000 |
46% |
National Insurance Contributions
From 6 April 2022 to 5 April 2023 National Insurance contributions will increase by 1.25%. This increase is to be spent on the NHS and social care in the UK.
The increase will apply to:
- Class 1 (paid by employees)
- Class 4 (paid by self-employed)
- secondary Class 1, 1A and 1B (paid by employers)
- The increase will not apply if you are over the State Pension age.
Annual Leave Entitlement
Employees are entitled to a minimum of 28 days paid holiday (the equivalent of 5.6 weeks), this is calculated on pro-rata basis. Bank holidays do not have to be given as part of paid leave but can be chosen to by the employer.
Public Holidays (2022)
- Monday 3rd Jan 2022
- Friday 15th April 2022
- Monday 18th April 2022
- Monday 2nd May 2022
- Thursday 2nd June 2022
- Friday 3rd June 2022
- Monday 29th August 2022
- Monday 26th December 2022
- Monday 27th December 2022
Maternity
Statutory Maternity Pay (SMP) is paid for up to 39 weeks. Employees receive:
- 90% of their average weekly earnings (before tax) for the first 6 weeks
- £151.97 or 90% of their average weekly earnings (whichever is lower) for the next 33 weeks
- SMP is paid in the same way as the employee's wages (for example monthly or weekly). Tax and National Insurance will be deducted.
- If the employee takes Shared Parental Leave, they'll receive get Statutory Shared Parental Pay (ShPP). ShPP is £151.97 a week or 90% of the average weekly earnings, whichever is lower.
Sick Pay
Employers are entitled to £96.35 per week Statutory Sick Pay (SSP) if they're too ill to work. This is paid by the employer for up to 28 weeks.
Impacts from COVID-19
The United Kingdom, similar to many other nations in Europe, administered tough restrictions throughout 2020 and 2021 to curb the spread of the COVID-19 pandemic. Nationwide lockdowns and mask wearing were observed throughout all four nations in the United Kingdom. As a result of devolution in the United Kingdom, England, Scotland, Wales, and Northern Ireland took slightly different approaches to preventing the spread of COVID-19.
In February 2022, the British Government announced its 'Living with COVID' plan, and began moving away from all of the previous restrictions.
Cultural Information
The United Kingdom is a diverse country with a large population of around 67 million.
A variety of culture and experiences can be found throughout the British Isles, and art and music are key parts of the country's culture and heritage.
The United Kingdom boasts a rich history which can be explored and observed everywhere.
While the UK's official religion is Christianity, British people are generally secular in their beliefs, with around 72% of the population not following any specific religion.
English is the official language of the United Kingdom, however Celtic languages including Cornish, Welsh, Irish, and Scottish Gaelic, can all be heard throughout the British Isles.
The UK Market - Did you know?
- The UK’s corporation tax rates are the lowest in the G7
- The country houses four of the world’s top universities
- Britain ranks 5th in the world for growth opportunities
- London is considered the ‘financial hub of the world’
- The UK’s population of 67 million offers a broad, diverse market
- The UK has record investments in fintech, cleantech and AI
- As a UK PEO, we can get you set up fast, easily and transparently
Are you interested in our management consultancy services?
Procorre (UK) Ltd, 1 Temple Quay, Bristol, England, BS1 6DZ. Company Number: 07644727
