Umbrella Companies | Latest News

Interim managers key to business critical change management

By UCHQ Team September 24, 2010

Umbrella company contractors will be pleased to hear that the first two quarters of this year saw a 9% increase in the use of interim managers, according to the latest Ipsos MORI survey findings, and 52% of all interim assignments were in the private sector.

Will HMRC clampdown affect umbrella companies?

By UCHQ Team September 23, 2010

A fivefold increase in prosecutions against tax evaders could see HMRC bringing 800 people a year to court. In the year to September 30 2009, the Revenue brought 157 prosecutions against individuals.

FSB calls for more competition in the banking sector

By UCHQ Team September 22, 2010

The FSB is asking the government to do more to encourage competition in the banking sector. There have been concerns that the current lack of competition could lead us back into recession.

Contractors may have to wait longer for settlement

By UCHQ Team September 21, 2010

Rather than reversing the trend for late payments, a new directive from the EU could actually make matters worse, according to the FPB.

Have you considered a contractor pension yet?

By UCHQ Team September 20, 2010

It was recently reported that many people are not prepared for the day to day financial changes that take place on retirement and one reason for this could be that we simply do not believe that 65 is old.

HMRC finds £42 billion tax gap

By UCHQ Team September 18, 2010

Any contractors currently at work in the UK as either limited companies or sole traders may be interested in a new series of figures recently published by HM Revenue & Customs.

Unemployment rate sends mixed signals, expert says

By UCHQ Team September 17, 2010

New data released recently by the Office for National Statistics illustrate that the current rates of unemployment in the country have dropped by an additional 8,000 people for the months of May, June, and July.

New report on entrepreneurs released

By UCHQ Team September 16, 2010

UK contractors and freelancers may very well be among a new class of entrepreneurs who are of the belief that the current economic landscape will soon be improving.

Will umbrella companies look wildly different post AWR?

By UCHQ Team September 15, 2010

The Recruitment and Employment Confederation has issued a call to contract recruitment agencies, umbrella companies, and the clients they do business with to exercise caution when developing alternative worker policies.

SMEs and contractors face up to public sector cuts

By UCHQ Team September 14, 2010

Nearly 150,000 small businesses in the UK are facing fears that they may become insolvent if they cannot maintain their contracts with the public sector.

Government implements savings regime

By UCHQ Team September 13, 2010

In a recent announcement by the Government, its Spending Challenge has borne fruit in that three ideas submitted to it through both public sector workers and members of the public will soon be implemented as new governmental policy.