Umbrella Companies | Latest News

Contractors contacted by HMRC told not to bury their heads in the sand

By UCHQ Team September 10, 2010

Due to recently discovered errors, HMRC has sent out its first round of approximately 45,000 letters to taxpayers, potentially including umbrella company contractors, informing them that their taxes were wrong. The total number of letters sent out should top 6 million by the end of this year.

Good news for UK contractors

By UCHQ Team September 9, 2010

According to new data released from the British Chambers of Commerce, contractors across many UK industries may be in for some good news: the BCC predicts that British GDP will rise by 1.7 per cent this year and 2.2 per cent the following year.

PAYE errors causing umbrella company contractors headaches

By UCHQ Team September 8, 2010

Nearly six million UK taxpayers, including umbrella company contractors, are due for a rude awakening, thanks to an error in the PAYE system.

Just waiting for the worst. It might be yet to come

By UCHQ Team September 7, 2010

New data collected by a recruitment financer has revealed that the most deleterious effects of the global economic downturn are still to come for small and medium sized businesses.

Bankers swerved supertax

By UCHQ Team September 6, 2010

Financial recruiter Goodman Masson’s director Richard Hoar recently stated that the so-called banking “supertax” has not precipitated the mass exodus of financial services staff that industry experts had been fearing.

PAYE employees suffer from training burn out

By UCHQ Team September 4, 2010

Umbrella company contractors should consider themselves lucky not to have to undergo the sort of company training that many PAYE employees undergo, which often has no underlying purpose.

Despite projected GDP growth, the economic rollercoaster continues

By UCHQ Team September 3, 2010

Within 5 years, unemployment levels will reach 10% in over half the regions in the UK predicts the CEBR.

Economic recovery in Scotland to slow down this autumn

By UCHQ Team September 2, 2010

The chief economist at the Bank of Scotland has predicted that the Scottish economic recovery is going to slow down in Q3.

Doom and gloom for public sector umbrella company contractors

By UCHQ Team September 1, 2010

The chief executive of Hays, Alistair Cox, has some worrying news for those in the public sector who work through umbrella companies and are worried about the loss of their contract.

Who will police the police over late payments?

By UCHQ Team August 31, 2010

The latest public body to come under fire for late payment of invoices is the police force.

Autumn AWR regional workshops to be hosted by the REC

By UCHQ Team August 30, 2010

The REC is holding a series of regional workshops around the country to help its members understand how the Agency Workers Regulations will impact their business.