Umbrella company freelance managers have a vital role to play in encouraging small business growth and profitability, according to Doug Baird, the MD of Interim Partners.
Umbrella company contractors, freelancers and other self employed workers might not be too happy when they read the recommendations of an influential think-tank regarding Britain’s taxation system.
Earlier this week Mark Prisk spoke to the Summit for Small Business and explained how the government intends to help the five million SMEs, which includes umbrella companies, in Britain grow now that the recession is behind us.
Despite the economic downturn, IT outsourcing has increased, according to a study by Computer Economics. Since the recession started, companies have increased the amount they spend on outsourcing services.
A new survey by Just Retirement has found that workers who have retired or are nearing retirement would like to receive more guidance on taxation and other issues. This can include those working through umbrella companies.
The FSB is asking the government to do more to encourage competition in the banking sector. There have been concerns that the current lack of competition could lead us back into recession.