What will umbrella companies submit to ‘Your Freedom’?
The coalition launched its ‘Your Freedom’ website last Thursday; a move that has been welcomed by the FSB.
Computer game contractors affected by tax break loss
The government’s decision to scrap video game tax relief has caused both Sony and Activision Blizzard to reconsider investing further in the UK, a development that could affect umbrella company contractors.
CFOs uneasy about economic outlook
Chief financial officers in the UK are feeling less confident about the economy according to Robert Half.
Road to cloud computing to benefit IT contractors
The cloud services market is growing and this could benefit umbrella company contractors and sole traders working in the IT sector.
Concerns over affect of immigration cap
The REC is concerned that the government’s proposed immigration cap will lead to a greater skills shortage in certain sectors. However, this has annoyed some contractors who feel threatened by cheap labour from outside the EU.
Umbrella company IT contractors not happy with budget
IntaPeople, an IT recruitment company has warned that key IT personnel, including those working through umbrella companies, will resign from the public sector and secure better opportunities elsewhere.
Umbrella companies could be hit with pension hike
Both the BCC and the CBI have hit out at the coalition’s proposal to abolish the default retirement age from April 2011. The BCC’s director of policy, Adam Marshall, says this will restrict the ability of businesses to manage their workforce.
Concerns over tax avoidance measures
The government has announced that they will once again look at whether a general anti-avoidance rule should be introduced as a measure to deter limited company tax evaders.
Will the employer’s NIC holiday benefit my umbrella company?
The FSB had urged George Osborne to give small businesses time to implement any changes to the VAT rate and he did indeed do so in his budget speech yesterday.
Go easy with tax increases says the BCC
The British Chamber of Commerce has warned George Osborne to tread carefully with his plans to increase taxes in today’s budget. UK umbrella companies will also be watching with interest.
Debate on economic outlook for contractors
Welcome news for temporary workers and freelancers comes in the form of the REC’s JobsOutlook report for June and the ONS.
HMRC issue online VAT return reminder
HMRC recently issued a statement to remind people of the need to complete their VAT procedures online if they have an annual turnover in excess of £100,000 or registered for VAT after the first of April this year.
