Umbrella companies offered EBT amnesty by HMRC
Umbrella companies that have been using Employee Benefit Trusts have been offered an amnesty by HMRC. This comes just months after the Revenue said it would be closing EBT schemes down.
news
The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
IT contractors are still very much in demand
IT umbrella company contractors will be relieved to hear that demand for IT professionals is still on the increase, according to the website CWJobs.
Plumbers have just one month to disclose tax history to HMRC
Umbrella company contractors may be interested to learn that gas fitters, heating engineers and plumbers will shortly be receiving letters from HMRC informing them of the opportunity to put right their tax affairs.
HMRC presses ahead with real time information scheme
Umbrella company contractors may be interested to learn that HMRC’s Real Time Information system is to go ahead, starting with a pilot scheme next year.
ARC advice on AWR will help umbrella company contractors
The draft AWR guidance was issued at the beginning of April and interested parties were given two weeks to provide feedback.
REC plans pensions auto-enrolment workshop next month
As from October 2012, employers, including umbrella companies, will need to enrol their staff in a pensions scheme automatically.
Employers should not be fined for breaching employment law!
The Association of Recruitment Consultancies recently held a think-tank meeting to give input into the coalition’s employment tribunal reform consultation.
Are umbrella companies at a high risk of insolvency?
The chances of companies collapsing are increasing by the month, according to a new study from RSM Tenon.
Increase in fraud amongst public sector workers
Public sector financial crime is on the increase and, according to a new report from PwC, this is more likely to be an inside job than the work of an external criminal.
Are we set for a “brain drain” of top executives?
It would appear that people seeking executive jobs in the UK are not as confident that Britain is “open for business” as the Chancellor is.
North wins the first round battle for regional growth funding
Umbrella company contractors might be interested to hear that the government will be distributing £450 million of funding over the next few months to deprived areas as part of its regional growth fund initiative.
Umbrella company contractors could see an increase in remote opportunities
Business futurologist, Dr James Bellini, believes that UK contractors will see more opportunities for remote and virtual working. He said that growth in these areas should come as no surprise.
UK personal debt is spiralling out of control
UK personal debt has now reached “tipping point” according to a recent report from moneysupermarket.com.
Cameron and Cable at loggerheads over immigration cap
David Cameron caused a certain amount of controversy last week when he promised to reduce the number of immigrants coming to this country to “tens of thousands” per year.
Are umbrella contractors confident about the economy?
Umbrella contractors are having to cope with conflicting messages about consumer confidence in the UK.
Will ICT rules benefit umbrella company contractors?
The annual immigration cap came into force earlier this month and the REC has warned that the use of ICTs needs careful monitoring.