Offshore employment and payroll
Offshore Employment
Bibby International Services are able to offer tailored offshore arrangements and solutions to meet client specific requirements, structured in such a way as to ensure compliance with current UK tax legislation. There is an opportunity for substantial cost savings in respect of employers secondary National Insurance Contributions in certain circumstances. The individual seafarer is provided with a contract and written Terms & Conditions of Employment with the respective employing company.
Offshore payroll
In conjunction with offshore employment services, we also offer payroll administration services, the key elements of which are as follows:
- Maintenance of computed payroll system;
- Weekly or monthly payroll as required;
- Calculation/processing of all payroll activities, including grace and favour' deductions of UK Tax and NI where required;
- Administration of contributions in respect of employers pension schemes and UK Merchant Navy Pension Schemes;
- Submission of Payroll Reports and Statements of Wages to employing company;
- Production and issue of Payslips;
- Communication with tax authorities, pension scheme administrators etc and completion and submission of all applicable monthly/annual forms/returns on behalf of employing company;
- Close liaison with deploying companies.
Onshore payroll
We are similarly able to offer full UK or IOM payroll bureau services, inclusive of all the key functions provided for offshore payrolls and inclusive of electronic payment salaries, electronic submission of monthly and annual tax.
Please contact us for more information about our services, and to request a company brochure: enquiries@bisiom.com.
