Boris’s plan to increase National Insurance and dividend tax will “squeeze the battered self-employed community”
To help the UK’s economy recover from the devastation caused by the coronavirus pandemic, the government has announced…
How will the increase in National Insurance affect umbrella company employees?
Nobody likes the idea of a tax and National Insurance hike, but from April 2022, employees and employers…
Can you use salary sacrifice with umbrella companies?
Salary sacrifice isn’t for everyone. However, it can be an excellent way for employees to boost their earnings…
What does the little red box have in store for us today?
Umbrella company contractors will no doubt be aware that today is Budget Day. This is the day when we find out how the government intends to get people back into work and kick-start economic growth.
REC calls for NIC holiday for firms taking on young workers
Umbrella company contractors might be interested to hear the REC’s opinion on the latest unemployment statistics.
REC says something must be done about youth unemployment
After last week’s disappointing jobs statistics showed that youth unemployment is still increasing, the REC has called on the business community to become involved in proactive initiatives such as the Youth Employment Charter.
Small businesses want to see a reduction in employers NICs
A new survey from the FSB confirms that small businesses would be more willing to take on staff if the coalition reduced employers National Insurance Contributions.
Finance Bill 2011 tackles disguised remuneration
Employee benefit trusts and employment finance retirement benefits schemes are the latest to be targeted in proposed Treasury regulations.
Reviewing IR35 will not be a quick process warns the OTS
The REC has written to the chairman of the Office of Tax Simplification highlighting the importance of a comprehensive review of the IR35 regulations.
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.
Go easy with tax increases says the BCC
The British Chamber of Commerce has warned George Osborne to tread carefully with his plans to increase taxes in today’s budget. UK umbrella companies will also be watching with interest.
Labour market set to remain tough for contractors
The number of short term assignments for limited company contractors, sole traders and umbrella company workers is set to drop according to a new report by the Confederation of British Industry (CBI).
