How Masterson Payroll Works

We've designed our umbrella payroll service to be simple, transparent, and tailored for healthcare professionals. Here's exactly how it works, from sign-up to payment.

1

Sign Up

Complete our simple online registration form. Provide your personal details, employment history, and banking information.

  • Quick 10-minute online form
  • Upload ID and proof of address
  • Provide your banking details
  • Choose weekly or monthly payment
2

Submit Timesheets

After completing your healthcare shifts, submit your approved timesheets through your agency or directly to us.

  • Agency submits on your behalf, or
  • Upload via our secure portal
  • Include shift dates and hours
  • Attach agency authorization
3

Payroll Calculation

Our expert payroll team processes your timesheet, calculating your gross pay, deductions, and net take-home.

  • Accurate gross pay calculation
  • Holiday pay included (12.07%)
  • Employer NI contributions
  • Transparent margin deduction
4

PAYE Deductions

We automatically calculate and deduct Income Tax, National Insurance, and pension contributions in full compliance with HMRC.

  • Income Tax (PAYE)
  • Employee National Insurance
  • Pension contributions (if enrolled)
  • Student loan repayments (if applicable)
5

Payment & Payslip

Receive your net pay directly to your bank account with a detailed payslip showing all calculations and deductions.

  • Weekly or monthly payment
  • Same-day bank transfer
  • Detailed digital payslip
  • Year-to-date figures included

Understanding Your Payslip

Complete transparency - here's an example breakdown of how your pay is calculated.

Gross Pay
Your total earnings for the period
£2,000.00
Holiday Pay (12.07%)
Statutory holiday entitlement
£241.40
Employer NI
Paid by the umbrella company
£267.89
Umbrella Margin
Our transparent service fee
-£25.00
Income Tax
PAYE deduction
-£348.40
Employee NI
Your NI contribution
-£198.36
Net Pay
Take-home pay to your account
£1,937.53

* Example calculation based on £2,000 gross pay. Actual deductions vary based on your tax code and circumstances.

Ready to Get Started?

Join hundreds of healthcare professionals who trust Masterson Payroll for their umbrella services.