What’s the economic outlook ahead for umbrella companies?
Our economy should escape a double dip recession, but we will see growth slow down, according to the BCC.
Our economy should escape a double dip recession, but we will see growth slow down, according to the BCC.
Business rates have increased dramatically even though the previous government pledged to help companies through the recession.
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.
Professionals and employers are showing signs of increased confidence as the unemployment rate falls, according to Hays Recruitment.
Despite the decline in demand last month, the ICT sector is still looking healthy, according to the REC’s latest Report on Jobs.
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.
Employers may be relieved to pass over employee tax calculations to HMRC but experts are not convinced that a centralised tax system will work efficiently in the UK.
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.
The government’s temporary immigration cap is harming the social work profession according to recent reports in the media. In July, the government imposed a limit of 24,100 skilled workers from non EU countries entering the UK and a permanent immigration cap will be in place next year.
The BBC was recently told by HMRC whistleblowers that the Revenue has been instructed not to chase a lot of underpayment cases that are over two years old and which could be open to a legal challenge; a claim that has been strongly denied by an HMRC spokesman.
New research shows that small businesses, recruiters and umbrella companies in the north have less chance of obtaining business loans than their counterparts in the south.
A fivefold increase in prosecutions against tax evaders could see HMRC bringing 800 people a year to court. In the year to September 30 2009, the Revenue brought 157 prosecutions against individuals.
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.
Rather than reversing the trend for late payments, a new directive from the EU could actually make matters worse, according to the FPB.
The Recruitment and Employment Confederation has issued a call to contract recruitment agencies, umbrella companies, and the clients they do business with to exercise caution when developing alternative worker policies.
New data collected by a recruitment financer has revealed that the most deleterious effects of the global economic downturn are still to come for small and medium sized businesses.