Gabem Management Limited Review

Company Type: Umbrella Company | Contractor Tax Solutions | Accountancy Service | Sole Trader | CIS Scheme

Editor's Highlights:

One of the longest established and reputable providers of payroll solutions available in the market place.

We Asked:


Q: What makes your service stand out from the competition?

  • No hidden charges
  • No set up or exit fees
  • No charge for same day payments
  • Flexible and personal service to be able to adapt to individual workers and agencies needs
  • Expense processing - at no cost
  • Competitive Insurances
  • SMS notifications – at no cost
  • A solid financial base, with cash balances retained exceeding HMRC liabilities
  • Regulated by the Financial Services Authority
  • 14 years experience in the industry with a dedicated, friendly team providing a flexible and reliable service
  • Regular promotions - such as 2 weeks free for all new or re-joining operatives and £50 bonus for recommending a friend
  • Gabem bonus club - savings on thousands of products and services, including discounted vouchers and reloadable cards for a variety of stores and supermarkets
  • ExpenseBox – expense cataloguing service - a smart, cost-effective way for self-employed workers to manage their expenses
  • Dedicated account managers to help with everyday queries
  • Taking reasonable steps to help operatives find work

Q: What qualifies a contractor to use your service?

  • Umbrella – For temporary workers who want to be an employee and would like Gabem to take care of the day to day employment administration, including tax and expenses.
  • CIS/self-employed - Available to individuals who are genuinely in business in their own right and engaged on temporary assignments either through agencies or end clients. They must be registered with HMRC as self-employed and if work in construction must be registered for CIS. An application form needs to be completed and UTR (Unique Tax Reference) numbers provided to Gabem.

Q: How much do you charge?

  • Gabem Umbrella - £22 per week (approx £13 after tax). If the gross amount is under £220 we retain only 10%
  • Gabem CIS / Gabem Solo - £20 per week. If the gross amount is under £200 we retain only 10%

Q: Can I claim expenses?

Umbrella employees can claim expenses which are wholly, exclusively and necessarily incurred in doing their job. There are reimbursed through the payroll and serve to reduce the tax liability the worker suffers on their income. Gabem holds a comprehensive expenses Dispensation. Expenses need to be submitted with a valid receipt.

Expenses that can be claimed

  • Mileage
  • Food
  • Travel
  • Accommodation
  • Tools & Safety
  • Telephone
  • Laundry

CIS / Self-employed workers can claim expenses through their tax return at the end of the tax year. These can be used to offset their tax-liability. We offer our “Gabem ExpenseBox” cataloguing service to assist self-employed workers manage their expenses in preparation for their tax return.

Benefits

  • Easy post service
  • Reduced Accountancy costs
  • Organized and cataloged expenses

Q: What level of insurance do you offer?

  • Employers Liability- £10 million
  • Public / Products Liability- £5 million
  • Professional Indemnity- £1 million
  • Personal Accident- £100,000 death, £40,000 injury cap

Q: Is there a minimum joining period?

No there is no minimum joining period for any of our contract options.


Q: How do you ensure compliance with legislation?

  • Regular audits are undertaken by one of the Top Four accountancy firms (tax) and Penningtons (legal) to ensure that we comply with all legislation and ensure that we adapt and change our processes/systems in a timely fashion
  • Only process through one company- Gabem Management Limited – so cannot fall foul of the MSC legislation
  • Extend an open invitation to HMRC Compliance Unit to audit our processes, procedures and systems
  • Carry out ID and right to work checks
  • Employees have an overarching employment contract
  • Obtain the UTR of all self-employed workers and verify for CIS registration if worker is in construction. Carry out employment status checks based on HMRC’s criteria for self-employment
  • Regular staff training on all policies, health & safety, data protection, bribery act and money laundering

Q: How long have you been established and what is the company background?

  • In business 14 years (started in 1998)
  • Privately owned limited company
  • Directors and Shareholders that set up company are still actively involved
  • Operate only fully tax compliant solutions
    1. Limited company model – initially a composite then single person pre 2006
    2. Limited company model – pre August 2007
    3. Umbrella since August 2007
    4. CIS and Solo since October 2008
  • Track record within the industry
  • Gabem team located in West Sussex (near Midhurst)
  • Disaster Recovery site with back up real time only 15 minutes away

Q: Anything else you'd like to add?

We are one of the longest established and reputable providers of payroll solutions to temporary workers.

We pay thousands of contractors every week with the same friendly, experienced and considered approach that we always have.

Our head office team has an average length of service of 8 years. The team understand what it is like to be a temporary worker and will ensure that whilst using Gabem that the process is as streamlined and straight forward as possible causing the minimum hassle allowing temporary workers to be able to get on with their work.

We also offer:

  • Personal Accident Insurance £2.75
  • 24 hour cover £1.50
  • Expense Box
  • Regular Promotions July 2012- two weeks free
  • Recommend a friend £50.00
  • Bonus Club - savings on thousands of products and services for a variety of stores and supermarkets
  • ExpenseBox - expenses cataloguing service for self-employed workers

Q: What's included?

  • Online Portal
  • SMS Payment Notification
  • Account Manager
  • Multicurrency Payments
  • Tax Return Service
  • Refer a Friend Scheme
  • Free Trial
  • Pension Scheme
  • Prof. Indemnity Insurance
  • Public Liability Insurance
  • Employers Liability Insurance

Contact Gabem Management Limited