It will probably come as no surprise to umbrella company contractors to learn that complaints against HMRC have increased dramatically over the last couple of years.
The OTS has now identified 47 out of 1,042 tax reliefs that could be abolished and a further 17 that could be simplified. It’s long awaited report was published last Thursday.
The government needs to concentrate on prioritising economic stability in this month’s budget, according to the Federation of Small Businesses. A call that is also likely to be endorsed by umbrella company contractors.
Contractors who have been used to public sector working will need to learn private sector language if they become victims of the government spending cuts.
The next four years will see employers paying out an additional £23.87 billion due to new employment laws, according to the British Chambers of Commerce.
The latest ONS statistics show that levels of staff sickness absence have reverted to pre-recession levels. Before the economic crisis, 2.5% of respondents said they had taken a day off in the 7 days prior to the survey.
There is a North-South divide when it comes to hiring intentions, according to the latest quarterly survey of entrepreneurs conducted by RSM Tenon, the professional services firm.