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.
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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.
Umbrella company IT contractors provide good value for money
Nearly 80% of IT directors believe private sector workers provide better value.
Has the budget created stability for umbrella contractors?
The FSB claims the Chancellor missed a golden opportunity to boost the creation of jobs when he delivered his budget on Wednesday.
Ex-public sector workers are suffering from low self esteem
It will come as no surprise to read that morale in the public sector is low.
Increased fuel costs puts contractors off commuting
Recruiters have reported that temporary workers and umbrella company contractors are now reluctant to travel long distances to get to work due to the increasing cost of fuel.
Prospects are good for contractors with digital skills
Freelancers with digital skills could be one group to benefit from the government’s public sector cuts.
Self-Employed Umbrella Companies
Self-employed umbrellas seem to be the new “in thing” – it’s almost like umbrella companies around the country had a eureka moment all at once and decided to run a “new model” to catch everyone they couldn’t put through the typical PAYE umbrella.
George Osborne must deliver a small business friendly Budget
As budget day looms ever closer, various organisations have been urging the government to create an environment that supports entrepreneurs, small businesses and umbrella company contractors.
Would HMRC budget cuts affect umbrella companies?
Cutting HMRC’s budget is not rational, according to the president of the Association of Revenue and Customs.
Umbrella contractors can benefit from increased optimism
The latest JobsOutlook from the REC shows that optimism is returning to the jobs market as more companies report an increase in their hiring intentions.
Education, Education, Education…
More and more umbrella companies are cropping up on every street corner and more and more agencies closing ranks and whittling down their umbrella company lists, it is becoming increasingly harder for umbrella providers to compete it would seem.
MPs to get expert guidance to understand tax legislation?
A group of MPs has said that tax professionals should be given the opportunity to scrutinise how policy changes will be implemented during the legislative phase.
Have TV business shows inspired you to go it alone?
Have you been inspired to become an entrepreneur because of TV? If so, you’re not alone, according to research from the Department for Business, Innovation and Skills.
Will Real Time Information changes affect umbrella companies?
HMRC should not rush its planned computerised PAYE reforms according to leading professional bodies.
What’s next for IR35? Scrap heap or reform?
Directors said the OTS should have prioritised the design of a clear business test to distinguish between employees and the self-employed.
Will the Growth and Innovation Fund solve skills shortages?
Umbrella company contractors and small businesses could benefit from the government’s recently launched Growth and Innovation Fund.