Umbrella Companies | Latest News

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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.

Job prospects for contractors largely sector related » Read the full story

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.

The coalition’s “monster” will cause problems for employers » Read the full story

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.

New Enterprise Zones could provide more work for contractors » Read the full story

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