Contractors working through an umbrella company may be interested to learn that small firms have been given an extra year to comply with pensions auto-enrolment.
Umbrella company contractors may already be aware that some industry sectors are doing better than others. Prospects in the IT and telecoms sector for example are blooming whilst public sector opportunities are diminishing fast for obvious reasons.
George Osborne is due to give his emergency budget on June 22nd and it seems everybody wants to give him advice! Any measure introduced could affect umbrella companies.
The REC is understandably delighted that George Osborne has reversed part of the plan to increase NICs. They had opposed the move, as had all business bodies, as the potential cost would have prevented the jobs market recovering fully from the recession.