The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Following it’s successful ‘on the road’ tour, the REC has stepped up it’s campaign to educate recruiters and clients about the impact of the forthcoming Agency Worker’s Directive.
Preparations continue ahead of the agency workers directive » Read the full story
The stock markets have already taken a battering over the last 48 hours and several leading economists have suggested than anything other than a Tory / Lib Dem coalition could have a devastating impact on the UK economy.
Should umbrella companies be worried about a hung parliament? » Read the full story
Small businesses, limited company contractors and umbrella companies could be among those affected by a drop in confidence following the result of yesterday’s hung parliament election.
Income tax and national insurance rises will hit hard » Read the full story
Contractors and freelancers sell their skills to employers without making long-term commitments to them and by doing so, they escape the burdens of dominant and outdated management styles that are depressing a lot of the UK’s permanent workforce.
Umbrella company contractors happier without a manager » Read the full story
If you’ve ever given advice to your friends and family about tax matters, you might be interested in the views of one of the UK’s leading tax experts.
Complex new tax rules create concern » Read the full story
It had been hoped that a Conservative government would scrap IR35 but it now appears that this may not be the case. A Tory spokesman said last week that this may not be a viable option.
Contractor group sees glass half full over IR35 » Read the full story
According to a new report published by Begbies Traynor, nearly 200,000 small businesses in this country are still struggling financially, even though the UK is now officially out of recession.
HMRC urged to go easy on late paying SMEs » Read the full story
According to the Institute for Employment Studies (IES), the proposed hike in employer’s national insurance contributions will have a relatively small impact on the permanent employment market in the UK.
Impact of national insurance rise could be exaggerated » Read the full story
According to some reports, there are as many as 100,000 umbrella company workers who are predominately based in an office environment, and these are the very people who are set to benefit from a new group established by the REC.
It’s bums on seats at most umbrella companies » Read the full story
According to recent reports in the financial media, Britain’s banks are now approving 80% of small business loan applications, which should come as good news to limited company contractors and sole traders.
Are banks really lending to small companies again? » Read the full story
The market for outsourced IT services is set grow significantly over the coming years, and this should mean good news for small businesses, limited company contractors and umbrella company workers in the UK.
IT contractor job market picks up » Read the full story
Despite the recession, many freelance professionals and IT contractors want to work abroad to advance their career, according to Hydrogen, the international staffing firm.
IT contractors eager to head overseas for work » Read the full story
In my world, the term “self employed umbrella company” is a tad paradoxical. After all, a traditional PAYE umbrella employs their workers and provides (or should provide) the various benefits commensurate with employment.
The self employed umbrella company » Read the full story
According to data published by the Society of Professional Accountants, as many as 1 in 5 PAYE tax code notices issued by HMRC since the start of the year could be wrong.
One in five PAYE coding notices could be wrong » Read the full story
Contractors, recruiters and umbrella companies across the country would have been pleased by the official growth rate figures, released yesterday. According to the Office of National Statistics (ONS), the UK Gross Domestic Product (GDP) grew by 0.2% during the first quarter of 2010.
GDP growth is good news for umbrella companies » Read the full story
The REC’s ‘On The Road’ tour has been set-up as part of an on-going plan by the REC to better educate it’s members about the issues facing recruitment in this country, and how they can prepare themselves for the challenges that lie ahead.
REC gets ready for the Agency Workers Directive » Read the full story
