More than 160 onerous regulations to be axed
Vince Cable has announced that the coalition intends to scrap or simplify in excess of 160 onerous regulations to free contractors and small businesses from unnecessary bureaucracy.
Sluggish growth and rising costs prevents SMEs expanding
Last week’s GDP figures from the Office for National statistics confirmed growth of just 0.2% in the second quarter of this year.
IT contractors could help fight cybercrime
IT umbrella contractors could be about to benefit from a newly launched cybercrime initiative.
All-party parliamentary group investigates freelancing
Contractors may be interested to learn that MPs from all the UK’s main political parties have pledged to address the false perceptions that exist around freelance contracting.
Fraudsters to be offered disclosure facility
HMRC is to offer a disclosure facility to taxpayers, including umbrella company contractors, it suspects of fraud.
Can we achieve fiscal sustainability without raising taxes?
The Office for Budget Responsibility says that tougher austerity measures and higher taxes are needed if Britain is to achieve long term fiscal sustainability.
Umbrella companies warned on using expense scheme
HMRC has issued a warning to recruiters, including umbrella companies, against the adoption of a new business model for travel and subsistence.
Will you get a demand or a rebate from HMRC this year?
Contractors may want to ask an accountant to check their tax position after HMRC admitted that as many as 16% of people could have paid an incorrect amount of tax in 2010-11.
Fall in corporate insolvencies but we’re not out of the woods
Umbrella contractors may be relieved to learn that government data shows there has been a decrease in corporate insolvencies this year.
Are you finding it hard to keep up with the pace of technology?
Umbrella company IT contractors could be amongst those to benefit from an anticipated increased spend in IT and telecoms services.
Time for umbrella company contractors to learn about the AWR?
Last week, the REC attended an Agency Work seminar run by the JSB, which provided up-to-date insights on how leading organisations are gearing up for the implementation of the Agency Workers Regulations.
New anti-fraud technology will save HMRC millions
Umbrella company contractors might want to take heed of the news that HMRC has got some new anti-fraud technology that it hopes will save it up to £20 million a year.
