New PAYE fines introduced by HMRC

Limited company contractors, recruitment agencies and umbrella companies could be in line for a series of new PAYE penalties, which have been introduced by HMRC from the start of this tax year.

Lib Dems pledge to target tax avoidance

The Liberal Democrats released their election manifesto yesterday and pledged among other things to crackdown on tax avoidance. They also want to scrap income tax below a threshold of £10,000, costing the UK exchequer around £16.7bn a year.

Temporary and permanent recruitment on the rise

The REC’s latest report on jobs shows that in March growth in temporary placements reached the strongest level for nearly 3 years. This proves the “vital flexibility” that temporary and contract workers, including umbrella company contractors, provide for UK businesses.

Wanting the quiet life…

How quickly the months roll around, the first quarter seemed to just disappear with minimal upset for most umbrella companies (there were a couple of exceptions).