The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
The Office for Budget Responsibility says that tougher austerity measures and higher taxes are needed if Britain is to achieve long term fiscal sustainability.
Can we achieve fiscal sustainability without raising taxes? » Read the full story
HMRC has issued a warning to recruiters, including umbrella companies, against the adoption of a new business model for travel and subsistence.
Umbrella companies warned on using expense scheme » Read the full story
Contractors may want to ask an accountant to check their tax position after HMRC admitted that as many as 16% of people could have paid an incorrect amount of tax in 2010-11.
Will you get a demand or a rebate from HMRC this year? » Read the full story
Umbrella contractors may be relieved to learn that government data shows there has been a decrease in corporate insolvencies this year.
Fall in corporate insolvencies but we’re not out of the woods » Read the full story
Umbrella company IT contractors could be amongst those to benefit from an anticipated increased spend in IT and telecoms services.
Are you finding it hard to keep up with the pace of technology? » Read the full story
Last week, the REC attended an Agency Work seminar run by the JSB, which provided up-to-date insights on how leading organisations are gearing up for the implementation of the Agency Workers Regulations.
Time for umbrella company contractors to learn about the AWR? » Read the full story
Umbrella company contractors might want to take heed of the news that HMRC has got some new anti-fraud technology that it hopes will save it up to £20 million a year.
New anti-fraud technology will save HMRC millions » Read the full story
If you are entering into a contract with an agency you will no doubt have been faced with the daunting options of choosing your route – either going PAYE directly with the agency, going limited or using an umbrella company.
Limited Company? Umbrella? Self-Employed Umbrella? » Read the full story
Chris Huhne, the energy secretary, has warned that the government must act now and update the National Grid, or face the prospect of blackouts within eight years.
Fuel bills will increase to pay for National Grid update » Read the full story
The Low Income Tax Reform Group is urging taxpayers, including umbrella company contractors, to double check calculations if they receive letters from HMRC.
Umbrella company contractors need to check their tax calculations » Read the full story
IT umbrella contractors might find their skills in demand as a skills shortage looms in the sector.
IT contractors could benefit from skills shortages » Read the full story
It might come as no surprise to umbrella contractors to learn that small businesses are losing faith in the UK’s banking system.
Small businesses are getting a raw deal from the banks » Read the full story
The UK’s major high street banks are recruiting staff, both current and retired, to act as volunteer mentors to help small businesses thrive.
UK banks recruit volunteer SME mentors » Read the full story
The government must make good on its promise to open up the market if recruitment agencies are to help implement its ICT strategy, according to the REC Technology group.
Recruitment agencies can help government ICT strategy » Read the full story
Antal International’s latest global snapshot of employment markets shows that hiring activity rose slightly in the last quarter.
Do global recruitment levels signal good times ahead for umbrella companies? » Read the full story
The British Chamber of Commerce recently called on the coalition to encourage sole traders to grow by making them exempt from certain legislation.
Should sole traders be exempt from certain legislation? » Read the full story
