Umbrella company contractors should not dismiss the financial sector
According to reports from the REC, there has been a recent surge in the number of job vacancies for high end workers in the financial sector.
A change of government will not help umbrella companies
According to the findings of a new survey by XLN Telecom, SMEs including umbrella companies and recruitment agencies, do not think that Tory victory at the next general election will result in a dramatic upsurge in business.
HMRC to clamp down on last gasp dividend payments
Limited company contractors could once more be in the firing line with HMRC. According to accountancy firm Smith & Williamson, HMRC will be closely monitoring the use of dividend payments between now and the end of the tax year.
Umbrella company workers could benefit from drop in confidence
The REC has just published its latest Jobs Outlook report and the news looks good for contractors over a range of sectors.
Umbrella companies could be deducting more income tax
During their spring conference at the weekend, the Liberal Democrats announced that they want to see the income tax threshold raised to £10,000.
REC to produce guidance on the Agency Workers Directive
With full implementation of the Agency Workers Directive less than 20 months away, the REC has announced that it will issue new guidance to help recruiters, contractors and umbrella companies ensure their businesses are compliant in time for October 2011.
Umbrella companies brace themselves for the Budget
The last budget before the general election will be presented on March 24th, the Treasury confirmed yesterday. It is thought that the Chancellor will unveil his plans to cut the growing public deficit by 50% over the next 5 years.
Umbrella companies, benchmark scale rates, and dispensations
One of the gripes that many umbrella companies have it the inconsistency of scale rates between umbrellas which in turn creates an unlevel playing field.
Give umbrella companies a break!
You’ve got to feel sorry for umbrella companies. Apart from the odd hiccup (Albany), they provide a stonkingly good service to contractors and have done for the best part of ten years.
Business groups unite against National Insurance hike
The government’s proposed hike in NI contributions is causing more controversy and now leading business groups are calling for the charge to be retracted.
New method of collecting tax could benefit umbrella companies
The Tory party is looking at ways to change the way employees pay NICs and income tax contributions. At present employers deduct these contributions at source and forward the monies to HMRC.
Urgent warning issued over National Insurance changes
Businesses no longer have the opportunity to file paper copies of their Employer Annual Returns. HMRC is writing to employers in the UK reminding them that they must complete their PAYE returns online no later than 19th May if they wish to avoid facing a penalty charge of up to £3,000.
