Key Information Documents - SystemsAccountants

Key Information Documents

Regulation 13A of the Conduct of Employment Agencies and Employment Businesses Regulations 2003 (the ‘Conduct Regulations’) introduces the requirement to provide a Key Information Document (KID) for agency workers.

These Key Information Documents are intended to improve the transparency of information to you, particularly around pay. They will give more immediate access to key pay related information before you agree terms and a clear idea of how any fees and deductions will affect your take-home pay.

All our KIDs include a representative example statement to demonstrate how the listed deductions will be made to a rate of pay. These figures are just an estimate and do not reflect the specific rate of pay that will be received by you; they do however demonstrate a realistic reflection of how deductions will be made.

SystemsAccountants Ltd has two ways of paying an agency worker and we are providing you with the Key Information Documents corresponding to these payment methods that are available through us.

Please chose the payment method through which you will be engaging with us and click on the relevant link to view the Key Information Document.

Personal Services Company (Ltd) Outside IR35 only

We may engage you via your Personal Services Company, in which case the situation is then regulated by IR35 rules. Please view the relevant KID.

PSC Outside IR35

Umbrella Companies

If your contract is deemed as inside IR35, you will be required to engage through one of our preferred / approved umbrella companies. If you wish to use another umbrella company please inform your consultant, so that relevant Key Information Document can be generated.  The company will be required to undergo SystemsAccountants Ltd’s compliance checks and to hold FCSA Accreditation.

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