HMRC launch PAYE consultation
HMRC have launched a new consultation that could result in major changes on the horizon for PAYE. The PAYE business processes were introduced in 1944 and have not changed in the following 66 years.
limited company contractors
Mixed predictions on the future of the economy
The National Institute of Economic and Social Research think tank predicts that the UK’s economy will increase by 1.3% this year. In 2011, GDP will grow by 1.7% followed by an increase of 2.2% in 2012.
Entrepreneurs leap by 117% in the last 5 years
There’s been a massive surge in the number of entrepreneurs who have set up limited companies in the last five years, according to Experian.
HMRC questions offshore account holders
Last week HMRC sent out letters to some of the taxpayers who had taken up the Offshore Disclosure Facility to ask them for their insights.
IT opportunities abound in APAC
Engineers, IT specialists and other technical professionals who are struggling to find work in the UK may want to consider working in the Asia Pacific region.
Is going it alone the answer to unemployment?
The current employment environment should be encouraging entrepreneurship among Britons according to the REC.
Hospital Trust and IMA defend huge costs of interim manager
A recent story in the press about the pay of an interim manager at the NHS Trust at Dorset County Hospital has caused the Interim Management Association to highlight the value of these highly skilled, expert flexible workers.
Contract opportunities still available for London 2012
The REC’s Technology sector group recently invited London 2012 Head of Recruitment, Paul Modley, to speak about the challenges and opportunities that lie ahead during the countdown to the Olympic Games.
Cable to clamp down on banks that do not lend to SMEs
SMEs and umbrella companies have been struggling to get much needed finance from the banks and Vince Cable has now put forward the government’s proposals to force the banks to make more funds available for small companies.
Umbrella company contractors affected by backlog of tax claims?
We all know that HMRC has been instructed to collect as much overdue tax as possible but it might surprise you to know that it also has a significant amount of overpaid tax claims to work through.
Small businesses are feeling less than optimistic
The Voice of Small Business Index shows that confidence amongst SMEs deteriorated in the 2nd quarter of 2010.
Two interim tax experts are heading the OTS
The Office of Tax Simplification was officially established by George Osborne and David Gauke, the Exchequer Secretary, on Tuesday.
Computer game contractors affected by tax break loss
The government’s decision to scrap video game tax relief has caused both Sony and Activision Blizzard to reconsider investing further in the UK, a development that could affect umbrella company contractors.
Road to cloud computing to benefit IT contractors
The cloud services market is growing and this could benefit umbrella company contractors and sole traders working in the IT sector.
Umbrella company IT contractors not happy with budget
IntaPeople, an IT recruitment company has warned that key IT personnel, including those working through umbrella companies, will resign from the public sector and secure better opportunities elsewhere.
Will the employer’s NIC holiday benefit my umbrella company?
The FSB had urged George Osborne to give small businesses time to implement any changes to the VAT rate and he did indeed do so in his budget speech yesterday.