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 interested to learn that HMRC only yielded slightly over £200,000 last year from their enquiries into the IR35 status of self-employed workers.
IR35 enquiries don’t seem to be bringing in the cash » Read the full story
Red tape is putting a lot of organisations off investing in the UK, according to recent research from BDO.
Overseas investors deterred by excessive UK bureaucracy » Read the full story
The private sector is now using nearly as many interims as it did before the recession, according to the Interim Management Association.
Umbrella company contractor uses increases » Read the full story
Umbrella contractors might like to know that Danny Alexander, the chief secretary to the Treasury, has said HMRC is to strengthen the size of its team tackling tax avoidance and evasion by adding more than 2,000 additional tax inspectors this autumn.
HMRC to add 2,250 anti-avoidance tax inspectors » Read the full story
After last week’s disappointing jobs statistics showed that youth unemployment is still increasing, the REC has called on the business community to become involved in proactive initiatives such as the Youth Employment Charter.
REC says something must be done about youth unemployment » Read the full story
Results from the latest Manpower Employment Outlook survey suggest that there is a North/South divide among UK employers when it comes to hiring confidence.
Do freelancers think a North/South divide really exists? » Read the full story
According to recent research by Orange, small businesses are asking all of their employees, including support staff, to come up with ideas for growing the business.
Do umbrella company contractors have innovative ideas? » Read the full story
Umbrella company contractors and small business owners could be relieved to learn that HMRC intends to improve the level of service it supplies to taxpayers.
Is HMRC about to improve its service to contractors? » Read the full story
New data suggests that the UK’s small business owners are leading the country towards economic recovery.
Nearly 75% of SMEs intend to start hiring » Read the full story
Female umbrella contractors might be interested to learn that Scottish recruiters believe the shortage of women working in the engineering, maths, science and technology sectors could be detrimental to the country’s economy.
Scotland needs more female scientists and engineers! » Read the full story
The Migration Advisory Committee has said the UK economy could be permanently damaged if the government persists in restricting immigration for skilled workers from outside the EU.
Reducing non-EU umbrella company contractors could damage UK’s wealth » Read the full story
Umbrella company IT contractors could find themselves more in demand after Symantec revealed that global cybercrime is costing businesses £71.6 billion a year.
Global cybercrime costs businesses £172 billion a year » Read the full story
A study by ICAs shows that finance directors are losing confidence in the UK economy and cannot reach consensus over the best way to solve the problem.
Financial Directors lack optimism in the UK economy » Read the full story
Denise Taylor from amazingpeople.co.uk is urging jobseekers to start up their own limited company instead of spending a long period of unemployment.
Being an entrepreneur is better than unemployment » Read the full story
The Treasury has estimated that the 50p rate of income tax will bring in an extra £12.6 billion over the next five years.
Does top rate of tax affect umbrella company contractors? » Read the full story
As public sector redundancies really start to bite, more women public sector workers could be tempted to go it alone and either set up their own business or become an umbrella company contractor.
Are we going to see more female umbrella contractors? » Read the full story
