Despite the slow growth in the UK economy, contractors such as those working through umbrella companies are doing surprisingly well, according to a new survey by the PCG.
Last week, the REC responded to the inquiry into workplace pension automatic enrolment, highlighting the challenges the reforms will pose for recruitment agencies that place temporary workers.
If you are entering into a contract with an agency you will no doubt have been faced with the daunting options of choosing your route - either going PAYE directly with the agency, going limited or using an umbrella company.
The government must make good on its promise to open up the market if recruitment agencies are to help implement its ICT strategy, according to the REC Technology group.
The Department for BIS recently published statistics which show just how dependant the UK economy is on small businesses. In fact SMEs provide 60% of all the UK’s employment.
The Rt Hon Margaret Hodge MP has said the point based system for immigration has room for improvement, especially when it comes to the rules regarding intra-company transfers.
HMRC should focus on detecting genuine cases of disguised employment rather than jumping to the conclusion that all freelancers are subject to IR35 rules, according to the REC.
Lawspeed, the recruitment law specialist firm, claims there could be a conflict of interest between HR and finance departments when the Agency Workers Regulations are enforced in October this year.