The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
The requirement for all employees to be enrolled automatically into a pension scheme is due to be implemented in 2012, but it seems there are still some aspects of the legislation that are causing concern.
The Netherlands could be just the place for recruiters to go if they want to expand their business into mainland Europe.
How is the Revenue going to survive the spending cuts? Some advisers have suggested that it might roll out more amnesties in the hope of increasing cost efficiency.
Dr John Philpott, the chief economist at the CIPD, believes that the executive search market will continue to grow because neither the public nor the private sector has the ability to find and retain highly skilled workers.
British consumers are likely to tighten their belts according to Travelex, the foreign exchange specialist.
We are likely to witness a new North/South divide, courtesy of the government’s Comprehensive Spending Review, according to thinktanks and unions.
As expected, the government’s Comprehensive Spending Review confirmed that a significant amount of jobs will be lost in the public sector.
Our economy should escape a double dip recession, but we will see growth slow down, according to the BCC.
Business rates have increased dramatically even though the previous government pledged to help companies through the recession.
Umbrella company contractors looking for executive roles will have been encouraged by the recent comments of Dr John Philpott.
The latest JobsOutlook from the REC shows that the overall jobs outlook is still mixed, but in the short to medium term, employers are making more use of temporary agency workers and contractors.
For the six month period beginning March this year, nearly 40,000 new businesses have been launched, a rise of 13% on the previous period, according to a study from the Royal Mail.
Lloyds Banking Group recently announced it was to cut jobs, a move that will affect 1,150 umbrella company and limited company IT contractors in the UK.
HMRC have launched a new consultation that could result in major changes on the horizon for PAYE. The PAYE business processes were introduced in 1944 and have not changed in the following 66 years.
Professionals and employers are showing signs of increased confidence as the unemployment rate falls, according to Hays Recruitment.
Despite the economic downturn, IT outsourcing has increased, according to a study by Computer Economics. Since the recession started, companies have increased the amount they spend on outsourcing services.
