Fees — 'Banded' Capped Percentage Fee
At Priory Contractors we operate a ‘Banded capped percentage fee’ to help our contractors accepting reduced hours or lower wages. Although most percentage fees on the market are geared to take more money away from the contractor, the more money they earn, at Priory Contractor this is capped at our fixed rate of £24.50*
Band
Up to
Fee
A
£20
£2.45
B
£30
£3.68
C
£40
£4.90
D
£50
£6.13
E
£60
£7.35
F
£70
£8.58
G
£80
£9.80
H
£90
£11.03
I
£100
£12.25
Band
Up to
Fee
J
£110
£13.48
K
£120
£14.70
L
£130
£15.93
M
£140
£17.15
N
£150
£18.38
O
£160
£19.60
P
£170
£20.83
Q
£180
£22.05
R
£190
£23.28
At Priory Contractors our fees are based on each payroll processed, we do not charge higher rates for fortnightly or monthly payrolls….giving even more money back to the contractor. *Our fee is classed as a deductible allowance, so the fee you actually pay will be significantly lower than those quoted above.
