The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Umbrella company contractors may be concerned to learn that small business confidence collapsed in the third quarter, according to the Federation of Small Businesses.
Confidence amongst small businesses collapsed in Q3, says FSB » Read the full story
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.
HMRC levies unfair penalties on taxpayers » Read the full story
Limited company contractors working in the aerospace industry could benefit from a new government service.
Will the MAS benefit umbrella company contractors? » Read the full story
A new report has claimed that PAYE umbrella company contractors are disadvantaged by failures in the Government Security Clearance procedures.
Umbrella contractors find it hard to get security clearance » Read the full story
Umbrella company contractors may be interested to learn that the government has confirmed that it has no plans to make any changes to the Agency Workers Directive that came into force on October 1st.
Recruiters must fully understand AWR requirements, says REC » Read the full story
The PCG recently surveyed the freelance marketplace and discovered that there are currently around 1.4 million contractors in the UK; 41% or 574,000 of them are IT contractors.
41% of all the UK contractors work in IT! » Read the full story
Umbrella company contractors working in the banking sector may be distressed to learn that RBS has made across the board cuts of 10% in their IT contractor rates.
RBS IT contractors face 10% cut to their hourly rate » Read the full story
Umbrella company contractors might be interested to hear the REC’s opinion on the latest unemployment statistics.
REC calls for NIC holiday for firms taking on young workers » Read the full story
Umbrella company contractors will be pleased to learn that despite the global economic turmoil, their rates have managed to increase.
Contractors average hourly rates increase slightly » Read the full story
Contractors, including those working through an umbrella company, may be interested to learn that the IR35 Forum is starting to make real progress.
Progress at last from the IR35 Forum » Read the full story
UK limited company contractors may want to seek the advice of an accountant now that the coalition has struck a deal with the Swiss government in a bid to win the battle against offshore tax evasion.
Umbrella contractors need to get their tax affairs in order » Read the full story
IT contractors working through an umbrella company might be set to benefit from a new round of government investment.
IT contractors could benefit from government investment » Read the full story
The Cranfield School of Management thinks the implementation of AWR will cause small business owners to think more carefully about using workers from umbrella companies.
Will umbrella companies suffer from AWR? » Read the full story
Umbrella contractors may be interested to learn that the September Job Index from Reed showed falling job demand in a range of sectors. The index fell back one index point compared to the previous month, although demand is still up 16% year-on-year.
Demand drops for contractors with banking experience » Read the full story
The Chancellor of the Exchequer, George Osborne, said recently that the government will be unable to cut taxes this parliament due to the global economic crisis.
Umbrella contractors will not get tax cuts for Christmas » Read the full story
The Bank of England says that the quantitative easing programme that was rolled out after the credit crunch boosted the UK’s economy by 2%, adding weight to demands for the Bank to print more money.
Would a second round of QE benefit the UK economy? » Read the full story
