A recently launched software solution enabling employers to make considerable cost savings in line with the HM Revenue & Customs ëTravel & Subsistenceí scheme has been warmly welcomed by hundreds of employers still unaware of the savings that can be made.
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With on-going employment legislation affecting the profitability of businesses particularly the temporary employment market, Zeel Solutions ñ experts in employment software have developed ëZtravelexí a software solution that cuts costs as well as increasing employees take home pay.
The HM Revenue & Customs scheme allows employees to claim a non taxable travel and subsistence value which can be deducted from their gross pay, in turn reducing their tax and national insurance contributions. By reducing the employeeís gross pay the employerís national insurance contributions are also reduced, therefore resulting in significant savings for the employer when dealing with large volumes of employees,î said Rav Cheema, Managing Director, Zeel Solutions.
ìZtravelex uses the latest web development and integration tools to deliver an advanced and bespoke solution enabling both employers and employees to benefit. It integrates seamlessly with employerís existing payroll systems and therefore no modifications or changes are required to them. The solution is run by the employer or agency themselves for qualifying employees. Therefore, Zeel Solutions should not be confused with services offered by umbrella companies or payroll outsourcing providers.î continued Rav.
ìSince launching the solution in February we have been overwhelmed by the response and interest in ëZtravelexí but also very surprised at how many employers and recruitment agencies are still unaware of the savings that can be made through the scheme. With the threat of yet more legislation in the temporary employment market on the horizon with the Temporary and Agency Workers (Equal Treatment) Bill looming, recruitment agencies in particular are now looking very closely at margins and opportunities to make cost savings,î added Rav.
For more information on ëZtravelexí please visit www.zeelsolutions.com or call 0845 31 31 311
Employers discover a software solution that can make huge savings on Travel & Subsistence

A recently launched software solution enabling employers to make considerable cost savings in line with the HM Revenue & Customs ëTravel & Subsistenceí scheme




