Despite high unemployment in the UK, 75% of businesses are struggling to recruit the top talent they need. This could spell good news for contractors working through an umbrella company.
Umbrella company contractors may be interested to learn that a firm of chartered accountants has expressed concerns about the plan to merge income tax and national insurance.
The Agency Workers Regulations should not prevent organisations using umbrella company contractors to build a flexible workforce, according to the REC.
Since 2009, HMRC has sent out approximately 17 million letters to taxpayers, including umbrella company contractors. Now it has emerged that around 2,000 people have complained about the threatening tone of HMRC’s debt recovery letters.
Umbrella company contractors who have been longing to see the back of IR35 might be interested to learn that HMRC’s average yield per case has leapt by 100%.
Apparently, umbrella company contractors yearn for stability nearly as much as their permanent counterparts do, according to a survey commissioned by recruitment company Elan.