Freelancers help employers survive in the turbulent economy
Employers are increasingly turning to the flexible workforce, including freelancers, to help them survive during the current turbulent economic climate.
news
The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Will Regional Growth Fund cash injection help contractors?
Limited company contractors could be set to benefit after the government announced it was to inject £950 million into the Regional Growth Fund.
Umbrella company contractors should not suffer because of AWR
The Agency Workers Regulations should not prevent organisations using umbrella company contractors to build a flexible workforce, according to the REC.
2,000 people complain about threatening letters from HMRC
Since 2009, HMRC has sent out approximately 17 million letters to taxpayers, including umbrella company contractors. Now it has emerged that around 2,000 people have complained about the threatening tone of HMRC’s debt recovery letters.
HMRC dramatically improves IR35 yield
Umbrella company contractors who have been longing to see the back of IR35 might be interested to learn that HMRC’s average yield per case has leapt by 100%.
15% of the European workforce is now self-employed!
Umbrella contractors may not be aware that the UK is not the only country with a thriving contractor community.
Umbrella contractors yearn for stability
Apparently, umbrella company contractors yearn for stability nearly as much as their permanent counterparts do, according to a survey commissioned by recruitment company Elan.
Tesco opts for Swedish derogation model
Umbrella company contractors are no doubt well aware of the Agency Workers Directive that came into effect at the beginning of October.
Skilled employees are thin on the ground say SMEs
Contractors working through an umbrella company might be interested to learn that nearly 50% of the UK’s SMEs are struggling to find the right staff.
PCG sets up City working space for travelling contractors
Umbrella company contractors who are members of the PCG may be interested in a new scheme the Group has set up.
Some contractors could receive a Christmas present from HMRC
Millions of people, including umbrella contractors, could be in line for an early Christmas present from HMRC in the form of a tax rebate. 6 million income tax rebates will be made following the identification of PAYE errors in the years up to 2007/08.
Young umbrella contractors should get good qualifications
Young people, including those who intend to work as a contractor through an umbrella company, think they will get a better job if they persevere with their education and obtain good qualifications.
Confidence amongst small businesses collapsed in Q3, says FSB
Umbrella company contractors may be concerned to learn that small business confidence collapsed in the third quarter, according to the Federation of Small Businesses.
HMRC levies unfair penalties on taxpayers
Umbrella company contractors have the peace of mind of knowing that their income tax is deducted at source. But contractors in the UK who file their own tax returns should be aware that HMRC continues to delay sending out penalty notices despite losing recent tribunal cases.
Will the MAS benefit umbrella company contractors?
Limited company contractors working in the aerospace industry could benefit from a new government service.
Umbrella contractors find it hard to get security clearance
A new report has claimed that PAYE umbrella company contractors are disadvantaged by failures in the Government Security Clearance procedures.