Contractors may be interested to learn that MPs from all the UK’s main political parties have pledged to address the false perceptions that exist around freelance contracting.
After cutting 132,000 jobs in 2010, the public sector is now turning to freelancers to fill the gaps, according to a recent study by PeoplePerHour.com.
HMRC should focus on detecting genuine cases of disguised employment rather than jumping to the conclusion that all freelancers are subject to IR35 rules, according to the REC.
Business futurologist, Dr James Bellini, believes that UK contractors will see more opportunities for remote and virtual working. He said that growth in these areas should come as no surprise.
Umbrella company contractors need to be aware that HMRC is going to clamp down hard on employment benefit trust schemes. EBTS’s are now considered by the government to be a form of disguised remuneration.
Have you been inspired to become an entrepreneur because of TV? If so, you’re not alone, according to research from the Department for Business, Innovation and Skills.