Contractors working in the retail sector have seen their rates slashed since the recession began, according to Interim Partners’ director of retail and consumer.
The government’s temporary immigration cap is harming the social work profession according to recent reports in the media. In July, the government imposed a limit of 24,100 skilled workers from non EU countries entering the UK and a permanent immigration cap will be in place next year.
Young umbrella company contractors need to be encouraged to save for their retirement, but in order to make the prospect appealing, the UK pensions industry need to undergo radical reform, according to George Ladds from the Fair Investment Company.
Umbrella company contractors will be pleased to hear that the first two quarters of this year saw a 9% increase in the use of interim managers, according to the latest Ipsos MORI survey findings, and 52% of all interim assignments were in the private sector.
A fivefold increase in prosecutions against tax evaders could see HMRC bringing 800 people a year to court. In the year to September 30 2009, the Revenue brought 157 prosecutions against individuals.
Any contractors currently at work in the UK as either limited companies or sole traders may be interested in a new series of figures recently published by HM Revenue & Customs.