Limited companies, VAT and CIS
If you are offering your services via a Limited Company:
You must have in your possession a countersigned Terms of Assignment of Consultants via a Limited Company Contractor and Self Billing Agreement (PSCToA), and at the beginning of your first assignment with Hays, the Accounts Department must receive:
- A copy of the VAT registration certificate (if applicable)
- A signed BACS form – the bank account must be in the name of the Limited Company
Please note:
- Hays can only pay through Limited Companies that are registered in the UK and have UK bank accounts
- Hays cannot pay overseas Limited Companies, nor can they send money to a UK company through an overseas bank account. This is not a legal requirement, but is a strict company policy
- From 20 June 2009, Hays will be operating self-bill as standard for ALL Limited Companies. Read our self-bill FAQs.
Notes: UK = England, Northern Ireland, Scotland and Wales. For VAT purposes only, the Isle of Man is considered to be a part of the UK
CIS Holders
If you or your company need to be paid through CIS you must provide us with a UTR / CTR number at the beginning of your first assignment. Hays will then verify this number with HMRC.
Useful links
Find out more about temping and contracting with Hays
Mileage and Expenses Claim form (PDF)
National Insurance and tax information
Limited Companies, VAT and CIS