Umbrella Companies

Umbrella companies could be hit with pension hike

By UCHQ Team June 26, 2010

Both the BCC and the CBI have hit out at the coalition’s proposal to abolish the default retirement age from April 2011. The BCC’s director of policy, Adam Marshall, says this will restrict the ability of businesses to manage their workforce.

Concerns over tax avoidance measures

By UCHQ Team June 25, 2010

The government has announced that they will once again look at whether a general anti-avoidance rule should be introduced as a measure to deter limited company tax evaders.

The REC responds positively to Tuesday’s budget

By UCHQ Team June 24, 2010

Contractors could be better off as a result of George Osborne’s announcement that the income tax threshold will change. The REC said that temporary agency workers who only work for short periods will be especially delighted with the budget announcement.

Will the employer’s NIC holiday benefit my umbrella company?

By UCHQ Team June 23, 2010

The FSB had urged George Osborne to give small businesses time to implement any changes to the VAT rate and he did indeed do so in his budget speech yesterday.

Go easy with tax increases says the BCC

By UCHQ Team June 22, 2010

The British Chamber of Commerce has warned George Osborne to tread carefully with his plans to increase taxes in today’s budget. UK umbrella companies will also be watching with interest.

Employment index shows signs of growth

By UCHQ Team June 21, 2010

There are more opportunities available for IT contractors according to the latest Monster employment Index report. 11% additional vacancies were advertised online in May compared to the previous month.

Future not so bright for freelancers in the public sector

By UCHQ Team June 19, 2010

Freelancers and contractors who rely on the public sector for contracts could find themselves struggling to find work according to the CIPD.

Umbrella companies need to plan ahead for emergency budget

By UCHQ Team June 18, 2010

Small businesses and umbrella companies should plan ahead in order to cope with the changes that are likely to be introduced in next week’s budget.

Debate on economic outlook for contractors

By UCHQ Team June 17, 2010

Welcome news for temporary workers and freelancers comes in the form of the REC’s JobsOutlook report for June and the ONS.

HMRC issue online VAT return reminder

By UCHQ Team June 16, 2010

HMRC recently issued a statement to remind people of the need to complete their VAT procedures online if they have an annual turnover in excess of £100,000 or registered for VAT after the first of April this year.

Umbrella company contractors and the recruitment freeze

By UCHQ Team June 15, 2010

Contractors could benefit from continuing recruitment freezes as many firms still do not want to make permanent appointments. In fact the latest Manpower report says that nearly 90% of employers do not plan to increase recruitment in the third quarter.

Concerns over affects of tax hikes and spending cuts

By UCHQ Team June 14, 2010

George Osborne is due to give his emergency budget on June 22nd and it seems everybody wants to give him advice! Any measure introduced could affect umbrella companies.