Umbrella companies that have been using Employee Benefit Trusts have been offered an amnesty by HMRC. This comes just months after the Revenue said it would be closing EBT schemes down.
Eric Pickles, the Communities and Local Government Secretary announced last week that the British Chambers of Commerce will have sole responsibility for uniting the network of local enterprise partnerships.
More than half of UK businesses, including umbrella companies, are concerned that changes to employment law will damage their business, according to a new survey conducted by the British Chambers of Commerce.
Whilst employees throughout the UK will be rejoicing at the thought of two consecutive long weekends this month, businesses and umbrella companies need to plan early for the closures.
More and more umbrella companies are cropping up on every street corner and more and more agencies closing ranks and whittling down their umbrella company lists, it is becoming increasingly harder for umbrella providers to compete it would seem.
It will probably come as no surprise to umbrella company contractors to learn that complaints against HMRC have increased dramatically over the last couple of years.
The problem of the multitude of different government regulations is now so bad that businesses often breach them simply because they don’t know which rules apply to them, according to a new report from the National Audit Office.
Umbrella company contractors might be unsurprised to hear that the Commons Treasury select committee has been told that HMRC is nearly at breaking point due to recent staffing cuts.