For Permanent only agencies, the fee structure is ‘Pay Per Permanent Placement’ with a charge of £50 per placement made – this is subject to a £250 per month minimum fee. For Contract/Temp agencies, the fee structure is ‘Pay As Your Contractor Works’ with a set weekly fee of £25 per placement – this fee lowers after 5+ contractors
Complete Additional Fees
£150 + VAT for Company formation
Staff Payroll £40 for 5 employees and £5 for each employee thereafter
‘Pay As Your Contractor Works’£35 per UK contractor per week worked‘Pay As Your Contractor Works’£45 per International contractor per week worked
Free Credit Checks
Elements to Consider with Freedom
No Set Up FeesService charge of 1.5% based on value of invoice – including VAT if applicableInterest Charge of 3.5% above the Bank of England base rate on funds borrowed – This is calculated on a daily rate from the day TBOS pays the contractor until the day the client pays the invoice. £25 per International payment to contractors
In the meantime complete our Freedom Profit Calculator
TBOS Freedom Terms
The Profit Calculator is based on a UK GBP placement with the client VAT registered. The candidate is being paid via a limited/umbrella company so therefore VAT has been added to the invoice values to the client and candidate. Values are based on a 5 day week with the monthly figures based on 21.67 days per month (260 working days divided by 12 months).
The interest calculation is based on 3.5% above the Bank of England Base rate of 0.75%.