41% of all the UK contractors work in IT!
The PCG recently surveyed the freelance marketplace and discovered that there are currently around 1.4 million contractors in the UK; 41% or 574,000 of them are IT contractors.
umbrella company
RBS IT contractors face 10% cut to their hourly rate
Umbrella company contractors working in the banking sector may be distressed to learn that RBS has made across the board cuts of 10% in their IT contractor rates.
REC calls for NIC holiday for firms taking on young workers
Umbrella company contractors might be interested to hear the REC’s opinion on the latest unemployment statistics.
Contractors average hourly rates increase slightly
Umbrella company contractors will be pleased to learn that despite the global economic turmoil, their rates have managed to increase.
Progress at last from the IR35 Forum
Contractors, including those working through an umbrella company, may be interested to learn that the IR35 Forum is starting to make real progress.
Umbrella contractors need to get their tax affairs in order
UK limited company contractors may want to seek the advice of an accountant now that the coalition has struck a deal with the Swiss government in a bid to win the battle against offshore tax evasion.
IT contractors could benefit from government investment
IT contractors working through an umbrella company might be set to benefit from a new round of government investment.
Small businesses urgently need to access credit
Vince Cable, the business secretary, says that the suggestion to set up a new government funded bank to lend to SMEs, would not be effective in tackling the crisis those businesses face when trying to obtain credit.
Are there opportunities for young umbrella company contractors in the media sector?
While a large number of the UK’s young people remain unemployed, there is a shortage of junior talent with experience in media and creatives, according to the chairman of Aspire Global Network.
How many umbrella company contractors are there in the UK workforce?
People Per Hour recently surveyed 9,000 businesses about their usage of freelancers and discovered that the number of businesses using flexible workers has risen by 68% in the last 12 months.
IR35 enquiries don’t seem to be bringing in the cash
Umbrella company contractors may be interested to learn that HMRC only yielded slightly over £200,000 last year from their enquiries into the IR35 status of self-employed workers.
Umbrella company contractor uses increases
The private sector is now using nearly as many interims as it did before the recession, according to the Interim Management Association.
REC says something must be done about youth unemployment
After last week’s disappointing jobs statistics showed that youth unemployment is still increasing, the REC has called on the business community to become involved in proactive initiatives such as the Youth Employment Charter.
Do umbrella company contractors have innovative ideas?
According to recent research by Orange, small businesses are asking all of their employees, including support staff, to come up with ideas for growing the business.
Is HMRC about to improve its service to contractors?
Umbrella company contractors and small business owners could be relieved to learn that HMRC intends to improve the level of service it supplies to taxpayers.
Nearly 75% of SMEs intend to start hiring
New data suggests that the UK’s small business owners are leading the country towards economic recovery.