The PCG will be a member of the new IR35 Forum
Contractors who had hoped to see the demise of IR35 may be interested to learn that the PCG is to be part of the new IR35 Forum.
news
The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Job prospects for contractors largely sector related
Umbrella company contractors may already be aware that some industry sectors are doing better than others. Prospects in the IT and telecoms sector for example are blooming whilst public sector opportunities are diminishing fast for obvious reasons.
Will umbrella companies benefit from the LEP network?
Eric Pickles, the Communities and Local Government Secretary announced last week that the British Chambers of Commerce will have sole responsibility for uniting the network of local enterprise partnerships.
Is it time to learn a new language?
Umbrella company contractors that have spent the majority of their time working in the public sector may need to learn a new language if they want to survive in the business world.
How will new employment laws affect umbrella companies?
More than half of UK businesses, including umbrella companies, are concerned that changes to employment law will damage their business, according to a new survey conducted by the British Chambers of Commerce.
New tax rules could be a nasty shock for some
Although the new tax changes have been widely publicised, it appears that a lot of people, including umbrella company contractors, are still unaware of the effect they will have on their personal finances.
The coalition’s “monster” will cause problems for employers
Employers could have problems getting to grips with the new overly complex regulations regarding employees’ tax avoidance schemes that have been detailed in the Finance Bill, according to tax advisers.
Umbrella company contractors face April shut down
Whilst employees throughout the UK will be rejoicing at the thought of two consecutive long weekends this month, businesses and umbrella companies need to plan early for the closures.
Increased bonuses for directors won’t please shareholders
Nearly 25% of the UK’s largest organisations will freeze executive salaries this year because shareholders will not tolerate high payouts, according to a new report from PwC.
AWR implementation moves a step closer
The Agency Worker Regulations were back on everybody’s mind at the end of last week. Following publication of the draft guidelines last Thursday, a two week consultation period is under way during which time the REC will be collecting feedback from its members and submitting a response to the BIS. …
AWR implementation moves a step closer » Read the full story
New Enterprise Zones could provide more work for contractors
When he delivered his budget speech last week, the Chancellor announced that 21 enterprise zones were to be created rather than the originally planned 10. Businesses moving into one of these will receive discounts of up to 100% on their rates, superfast broadband and enhanced capital allowances where the zone focuses on manufacturing.
StartUp Britain hopes to encourage more UK entrepreneurs
The CBI has welcomed the government’s new StartUp Britain campaign saying it could encourage more people to set up their own business.
What should the mood of Scottish umbrella company contractors be?
The economic recovery in Scotland faltered during the bad weather last December, according to Lloyds TSB’s Scotland Business Monitor.
HMRC clamps down on employee benefit trust schemes
Umbrella company contractors need to be aware that HMRC is going to clamp down hard on employment benefit trust schemes. EBTS’s are now considered by the government to be a form of disguised remuneration.
New-borns to pay more tax to fund ‘baby boomers’ pensions
Low-income households and the elderly have been badly hit by the recession, according to research conducted by the BBC and the Institute for Fiscal Studies.
Umbrella company IT contractors provide good value for money
Nearly 80% of IT directors believe private sector workers provide better value.