Umbrella company contractors face April shut down
Whilst employees throughout the UK will be rejoicing at the thought of two consecutive long weekends this month, businesses and umbrella companies need to plan early for the closures.
Increased bonuses for directors won’t please shareholders
Nearly 25% of the UK’s largest organisations will freeze executive salaries this year because shareholders will not tolerate high payouts, according to a new report from PwC.
AWR implementation moves a step closer
The Agency Worker Regulations were back on everybody’s mind at the end of last week. Following publication of…
New Enterprise Zones could provide more work for contractors
When he delivered his budget speech last week, the Chancellor announced that 21 enterprise zones were to be created rather than the originally planned 10. Businesses moving into one of these will receive discounts of up to 100% on their rates, superfast broadband and enhanced capital allowances where the zone focuses on manufacturing.
StartUp Britain hopes to encourage more UK entrepreneurs
The CBI has welcomed the government’s new StartUp Britain campaign saying it could encourage more people to set up their own business.
What should the mood of Scottish umbrella company contractors be?
The economic recovery in Scotland faltered during the bad weather last December, according to Lloyds TSB’s Scotland Business Monitor.
HMRC clamps down on employee benefit trust schemes
Umbrella company contractors need to be aware that HMRC is going to clamp down hard on employment benefit trust schemes. EBTS’s are now considered by the government to be a form of disguised remuneration.
New-borns to pay more tax to fund ‘baby boomers’ pensions
Low-income households and the elderly have been badly hit by the recession, according to research conducted by the BBC and the Institute for Fiscal Studies.
Umbrella company IT contractors provide good value for money
Nearly 80% of IT directors believe private sector workers provide better value.
Has the budget created stability for umbrella contractors?
The FSB claims the Chancellor missed a golden opportunity to boost the creation of jobs when he delivered his budget on Wednesday.
Ex-public sector workers are suffering from low self esteem
It will come as no surprise to read that morale in the public sector is low.
Increased fuel costs puts contractors off commuting
Recruiters have reported that temporary workers and umbrella company contractors are now reluctant to travel long distances to get to work due to the increasing cost of fuel.
