Meridian - Reducing the increasing costs of employment
A corporate solution that has been available since 1955, is now accessible to UK small and medium enterprises
The Rising Cost of Employment
Employer NI Increase 13.8% to 15%
Reduced threshold of Employers NI from £9k to £5k
Reduced threshold of Employers NI from £9k to £5k
You took the hit of increased Employers NI from 13.8% to 15% in April 2025 that added another substantial cost to employment.
Reduced threshold of Employers NI from £9k to £5k
Reduced threshold of Employers NI from £9k to £5k
Reduced threshold of Employers NI from £9k to £5k
At the same time you got hit with having to make NI payments on all employees earning £5,000 or more
Employment Rights Act 2025
Reduced threshold of Employers NI from £9k to £5k
Employment Rights Act 2025
Now you are facing a major overhaul to labour laws adding extra compliance, red tape and ultimately costs and risks to employing staff.
The Solution - Meridian - Reducing your PAYE costs
Employer Of Record Model
Meridian is an Employer Of Record Solution (EoR).
We create a branded UK Ltd Company for the purpose of your employees.
This entity sits in the Outsourcing Group of Companies that are domiciled in the Isle of Man.
Isle of Man Double Tax Arrangement
The Isle of Man have a Double Tax Arrangement with UK HMRC, a recognised tax treaty which has been in place since 1955 and last revised in 2018.
As the Isle of Man have much reduced taxes there is a commercial benefit to the Outsourcing Group holding UK limited companies with payroll.
HMRC Paid In Full
Isle of Man Tax Relief
Your branded entity where your employees sit are paid in the normal manner, and all Employers NI, Employees NI and PAYE costs are paid to HMRC in full.
The mechanics are so that the commercial benefit arises outside of the UK, through the lawful utilisation of tax credits in the Isle of Man by third-party trading companies that are headquartered or tax-domiciled there.
Isle of Man Tax Relief
Isle of Man Tax Relief
The payroll taxes paid in the UK generate tax credit that is carried into the Isle of Man under existing treaty principles. That credit is offset against Isle of Man corporation tax liabilities of Manx-domiciled trading companies.
Because corporation tax in the Isle of Man is materially lower than in the UK, particularly for non-resident trading companies, this creates a surplus, which funds the commercial benefit of the solution
Client Revenue Benefit
The commercial benefit paid to the client company is 10% of what has been paid across all PAYE costs.
This equates to approx 3% of your gross pay roll being paid back to you every month once all disbursements are made.
This is a sustainable cost reduction solution and increases the value of your business.
Compliance & Regulations
All UK payroll taxes and NIC are paid in full to HMRC. There is no reduction in UK tax liability for the client or employees.
UK payroll operates exactly as it would under any compliant UK employer. PAYE, NIC and reporting are unchanged.
Book an Overview Meeting
We invite you to an online meeting to give you an insight into the Meridian Solution
If you have a gross payroll of £1.5m or more, then you qualify to access the Meridian solution. (There is no limit on the size of the payroll we can offer this solution)
Please complete the contact form below, and we will be in touch to schedule a convenient day/time.
Looking to add value to your existing client base?
If you are an Accountant, Business Consultancy, Professional Practice or just a business who is client focused and wish to add high-value services that will give your clients direct commercial benefit and competitive advantage, I invite you to schedule an online meeting where we can explore Partnership Opportunities
Who We Are at The Anderson Partnership
Our Mission
Our mission is to empower businesses to reach their full potential by providing expert guidance and innovative solutions to enhance business performance and longevity in an ever-turbulent environment
. We are committed to helping our clients succeed and thrive in today's competitive marketplace.
Max Anderson - Managing Partner