HMRC launch PAYE consultation
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.
Unemployment down, but how about the future for contractors?
Professionals and employers are showing signs of increased confidence as the unemployment rate falls, according to Hays Recruitment.
IT outsourcing continues to rise despite the economic crisis
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.
Contractors must make sure their tax affairs are in order
HMRC is likely to become more vigilant when it comes to scrutinising the tax affairs of umbrella company contractors, freelancers and entrepreneurs.
Umbrella companies and the agency workers directive
The controversy regarding the Agency Workers Directive continues, as in fact it is likely to so do for some time to come. Although the AWD does not come into force until next October, the recruitment industry is already starting to prepare for implementation.
Top-level IT personnel still in high demand
Despite the decline in demand last month, the ICT sector is still looking healthy, according to the REC’s latest Report on Jobs.
Interim managers may be being too pessimistic
Contractors working in the retail sector have seen their rates slashed since the recession began, according to Interim Partners’ director of retail and consumer.
Are you a freelance mastermind?
The PCG is holding Mastermind sessions throughout the UK in the run up to National Freelancers Day (November 23rd).
Recruitment optimism for umbrella company contractors
The services sector showed modest growth last month, according to the most recent Markit/CIPS Business Activity Index.
Those nearing retirement want more taxation advice
A new survey by Just Retirement has found that workers who have retired or are nearing retirement would like to receive more guidance on taxation and other issues. This can include those working through umbrella companies.
Is a centralised tax system a viable option in the UK?
Employers may be relieved to pass over employee tax calculations to HMRC but experts are not convinced that a centralised tax system will work efficiently in the UK.
Should umbrella company contractors be saving or spending?
Last week, the Bank of England controversially hinted that we should be spending rather than saving.
