In case any umbrella company contractors have forgotten to file their income tax self-assessment form for the year ending April 2011, the deadline is tomorrow, January 31st!
Umbrella company contractors may be concerned to learn that small business confidence collapsed in the third quarter, according to the Federation of Small Businesses.
The FSB has called on politicians to stop playing politics when it comes to the economic recovery and formulate a realistic plan to help small businesses grow.
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.
Ed Balls, the shadow chancellor, recently called on the coalition to implement a temporary emergency reduction in the VAT rate to jump-start the economy and boost consumer confidence.
Union officials have warned that cuts to HMRC’s budget will lead to an increase in tax evasion and widen the gap between the revenue recovered and the amount actually due.
In its election manifesto, the Conservative party promised to implement a fuel duty stabiliser and the FSB is urging them put it in place as soon as possible.