Inside your "Account settings" you can select one of the entity setup options: Limited company, Sole trader or No setup (PAYE via Worksome)
Once an option is selected you will be prompted to add additional information (e.g. Company registration number, Business name, VAT etc.)
The engagement options for UK workers are:
1. Limited company/PSC:
If you have a Limited company or Personal Service Company (PSC), this option is for you.
Details Needed: Company registration number, business name, VAT number (if registered).
Note: If you're registered for VAT, please ensure your VAT number is added in your business entity details to receive VAT payments.
Please note, your account address should match your Limited company’s registered office address.
2. Registered Sole Trader:
Details Needed: 10-digit Unique Tax Reference (UTR) number, name (registered business name if you have one or your full name), VAT number (if registered).
Note: If you're registered for VAT, please ensure your VAT number is added in your business entity details to receive VAT payments.
You can find everything you need to know about engaging as Sole Trader via Worksome here:
3. Worksome - PAYE No setup yet:
If you are in the beginning of your career as an external worker - you might not have a business setup yet.
Umbrella companies - NOT SUPPORTED (this is why the option is inactive in your Worksome account).
Worksome no longer supports Umbrellas as a business entity setup. Instead you can opt for PAYE via Worksome if you do not have a limited company or registered as a Sole trader.
Note:
If you haven't set up a business entity, you need to either establish one or opt for PAYE contracts (available with certain clients) to get paid via Worksome.
Please reach out to our Support team via the chat (click on the button in your right corner), or by email (hello@worksome.com) if you have any questions.