Will rising unemployment create more umbrella company contractors?
Last week’s unemployment figures made depressing reading for everybody, including umbrella company contractors.
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The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Treasury admits income tax and NI cannot merge completely
Some limited company contractors have been hoping that the government’s proposal to align income tax and National Insurance would be the final nail in the coffin for IR35.
Demand for construction sector contractors up 33%
Results of a recent survey commissioned by APSCo show that demand for contractors, including those working through umbrella companies, has decreased by 13% over the last year.
Are umbrella company contractors an ethical bunch?
Contractors might be interested to learn the UK workers do not have quite such a strong sense of work ethics as some of their global counterparts.
Has AWR made it harder for contractors to get a mortgage?
It has been suggested that the implementation of the Agency Workers Regulations will make it harder for umbrella company contractors to secure a mortgage.
Temporary placements boost recruiters’ turnover
According to latest data from the REC, the recruitment industry in the UK grew by 25% in the last 12 months and a lot of this growth can be attributed to the increase in demand for PAYE umbrella company contractors.
Is AWR good or bad news for UK’s umbrella company contractors?
Research by the Association of Recruitment Consultancies suggests that the contractor workforce in the UK may be about to suffer because of the implementation of AWR.
What should the Chancellor say in his Autumn Statement?
What measures would umbrella company contractors like to see laid out in the Chancellor’s Autumn Statement?
East of England is the most positive when it comes to hiring
Those of us looking for work might be interested to read the results of the latest Outlook Survey from Manpower. The survey asks employers about their hiring intentions for the coming quarter.
Do umbrella company contractors shop online when they should be working?
As we get nearer to the festive season, some workers, including umbrella company contractors, could be tempted to do their Christmas shopping online during working hours.
Where has all the UK’s top talent gone?
Despite high unemployment in the UK, 75% of businesses are struggling to recruit the top talent they need. This could spell good news for contractors working through an umbrella company.
UK is leading European user of online contractors
Contractors may be interested to learn that the UK hires more online freelancers than any other European country.
Opportunities abound for mid-level IT contractors
Suitably qualified IT umbrella contractors might benefit from the lack of applicants for mid-level permanent vacancies in the UK’s IT departments.
Should umbrella companies be concerned about income tax/NI merger?
Umbrella company contractors may be interested to learn that a firm of chartered accountants has expressed concerns about the plan to merge income tax and national insurance.
Firms need tax breaks to encourage them to hire young people
Prospects aren’t looking too bad for contractors at the moment, but unfortunately the UK’s young people are still struggling to find employment.
Marked increase in opportunities for IT contractors
According to jobadswatch.co.uk, the third quarter of 2011 saw an increase in the number of opportunities for IT umbrella company contractors.