Accountant for Recruitment Agencies
Companies999 provides specialist accountancy for recruitment agencies across the UK. Whether you focus on temporary, permanent, or both, we understand the financial complexities — contractor payroll, umbrella relationships, cash flow challenges, and compliance requirements. We keep your finances clear so you can focus on placing candidates.
What We Offer
Tailored services for you
Agency Accounts
Full annual accounts preparation for recruitment agencies, covering temporary and permanent placement revenue streams.
Contractor Payroll
Managed payroll for your temporary workers and contractors, including umbrella company liaison and compliance checks.
AWR & IR35 Compliance
Guidance on Agency Workers Regulations, IR35 off-payroll rules, and your obligations as an employment business.
VAT on Recruitment Fees
Expert VAT handling for recruitment agencies, including the correct treatment of temporary worker supplies and permanent placement fees.
Cash Flow Management
Recruitment agencies often face cash flow challenges with payment terms. We help you forecast, manage, and improve your cash position.
Growth & Compliance Support
Financial reporting, management accounts, and compliance support to help your agency grow while staying on the right side of regulation.
Temporary vs Permanent Revenue
Temporary placement revenue is recognised as workers provide services. Permanent placement revenue is recognised when candidates start. We ensure your accounts correctly reflect both streams and provide management reports showing gross margin on each.
AWR and Employment Compliance
Agency Workers Regulations require parity of pay and conditions after 12 qualifying weeks. You also have obligations under the Conduct of Employment Agencies Regulations. We advise on financial implications and ensure your systems capture the necessary data.
Cash Flow Management
You pay workers weekly but clients pay in 30–90 days. We forecast cash flow, assess invoice factoring or recruitment finance options, and provide management accounts with clear visibility of your cash position.
Why Choose Us
We understand recruitment
Most accountants don't understand the recruitment model. We do. Temporary vs permanent placements, contractor payroll, umbrella companies, and the compliance landscape that comes with it all. We work with agencies across the UK and know this sector inside out.
Software We Work With
FAQs
Frequently Asked Questions
Do you understand recruitment?
Yes. We work with agencies placing temporary and permanent workers and understand the sector's specific requirements.
Can you handle contractor payroll?
Yes. Payroll for temps and contractors, including umbrella company liaison.
Can you help with AWR compliance?
We advise on financial aspects and ensure your systems demonstrate pay parity compliance.
Do you work with care sector agencies?
Yes. We have experience with care sector recruitment and its specific compliance needs.
Can you help with cash flow?
Yes. Forecasts, management accounts, and advice on invoice finance options.
Can you help set up a new agency?
Yes. Company formation, PAYE registration, and financial systems setup.
Related Services
Ready to get started?
Whether you're launching a new agency or looking for an accountant who actually gets recruitment, we're here. Call us on 0121 638 0905 for a free discovery call.