The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Small businesses, umbrella companies and limited company IT contractors will be in a state of ‘limbo’ until the emergency Budget is delivered on 22nd June.
What does the budget hold for umbrella companies? » Read the full story
The REC is understandably delighted that George Osborne has reversed part of the plan to increase NICs. They had opposed the move, as had all business bodies, as the potential cost would have prevented the jobs market recovering fully from the recession.
What does the Queen’s speech mean for contractors? » Read the full story
On Monday the Treasury released its plans to save £6.2 billion from the public sector budget. One of the planned measures is to cut £95 million from IT spending, which could affect those working through umbrella companies.
Market for IT umbella company contractors unclear » Read the full story
The Chartered Institute of Taxation has called on the new coalition to prioritise tax reform. They have written to George Osborne, the new chancellor, highlighted the need to simplify the current tax regime.
Current tax system “too confusing” for contractors » Read the full story
According to a recent manifesto published by the IT trade association Intellect, a fundamental overhaul of the UK tax incentive system could create as many as 250,000 jobs for IT contractors.
Would IT contractors benefit from a rebalanced tax system? » Read the full story
Recruiters and umbrella companies are drowning in employment red tape and bureaucracy after 13 years under a Labour government.
Excessive regulation is killing my umbrella company! » Read the full story
Contractors and freelancers with their own limited company, as well as interim workers who use the services of an umbrella company could soon discover exactly where they sit under the Agency Workers Directive.
New MPs to review the agency workers directive » Read the full story
Contractors who work in science and engineering could find themselves in greater demand according to a report published recently by the CBI.
Highly skilled umbrella company workers to be in demand » Read the full story
The REC is urging the new coalition government not to make any drastic cuts from the public sector budget.
REC calls for public sector to be handled with care » Read the full story
Andrew Lansley, the new Health Secretary, has announced that family doctors rather than locums will be responsible for out-of-hours care.
Medical locums and recruiters key to NHS challenges » Read the full story
According to new figures published by IT service provider Syscap, the number of Time To Pay VAT requests rejected by HMRC has more than doubled in the first 3 months of 2010.
HMRC stand firm on late payments of VAT » Read the full story
According to the REC’s latest JobsOutlook report, agency workers, umbrella company employees and limited company contractors will become a vital compenent in the economic recovery.
Contractors and freelancers ‘vital’ to the recovery » Read the full story
The number of short term assignments for limited company contractors, sole traders and umbrella company workers is set to drop according to a new report by the Confederation of British Industry (CBI).
Labour market set to remain tough for contractors » Read the full story
There are now more than one million people in the UK working on a part-time basis because they are unable to find a full-time position. The number of temporary workers who can’t find permanent jobs has also increased to 40%.
Surge in part time umbrella company workers » Read the full story
After a 5 year fight, Novak Brajkovic has finally won his appeal against HMRC’s interpretation of his service contract. HMRC considered that Brajkovic was a full time employee rather than a contractor.
IR35 escape for IT contractor » Read the full story
The agency workers directive could have an adverse affect on contractors working in the oil and gas industry according to the Aberdeen and Grampian Chamber of Commerce.
Will the agency workers directive be reviewed under the new government? » Read the full story
