Are umbrella companies preparing for Real Time Information?
Umbrella companies should start thinking about the changes they will need to make to their payroll software so that they can implement HMRC’s Real Time Information system.
October surge in job opportunities good news for contractors
We’re continually hearing gloomy predictions about UK economic growth and demand for contractors in many sectors has been decreasing recently.
Do contractors display more loyalty than permanent staff?
A new survey has revealed that although most employers have a high regard for PAYE umbrella company contractors, a significant number have an antediluvian opinion of them.
Temporary placements boost recruiters’ turnover
According to latest data from the REC, the recruitment industry in the UK grew by 25% in the last 12 months and a lot of this growth can be attributed to the increase in demand for PAYE umbrella company contractors.
HMRC dramatically improves IR35 yield
Umbrella company contractors who have been longing to see the back of IR35 might be interested to learn that HMRC’s average yield per case has leapt by 100%.
Some contractors could receive a Christmas present from HMRC
Millions of people, including umbrella contractors, could be in line for an early Christmas present from HMRC in the form of a tax rebate. 6 million income tax rebates will be made following the identification of PAYE errors in the years up to 2007/08.
Umbrella contractors find it hard to get security clearance
A new report has claimed that PAYE umbrella company contractors are disadvantaged by failures in the Government Security Clearance procedures.
41% of all the UK contractors work in IT!
The PCG recently surveyed the freelance marketplace and discovered that there are currently around 1.4 million contractors in the UK; 41% or 574,000 of them are IT contractors.
IT contractors could benefit from government investment
IT contractors working through an umbrella company might be set to benefit from a new round of government investment.
Poor service standards have been going on for years in HMRC
Umbrella company contractors may be interested to learn that MPs do not accept HMRC’s excuse that problems with implementing NPS were to blame for poor standards of service.
Umbrella companies warned on using expense scheme
HMRC has issued a warning to recruiters, including umbrella companies, against the adoption of a new business model for travel and subsistence.
Time for umbrella company contractors to learn about the AWR?
Last week, the REC attended an Agency Work seminar run by the JSB, which provided up-to-date insights on how leading organisations are gearing up for the implementation of the Agency Workers Regulations.
