HMRC has outlined its plans to outlaw the exploitation of travel and subsistence rules via the use of overarching contracts of employment, which have been used by a minority of umbrella firms to avoid millions in taxes, whilst also distorting the market and undercutting their ethical rivals.
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[18/3/2015 Update – The Chancellor announced a restriction on travel and subsistence payments to umbrella workers from April 2016 following a consultation period. It is hoped the measure will create a level playing field within the employment services industry. Read this article for more details.] In his Autumn Statement speech, the Chancellor announced a number […]
A new service has been launched which aims to simplify the contractor hiring process, thanks to an innovative approach to sourcing credible references from past clients. We talked to one of the co-founders to find out more.
HMRC has sent out demands for £250m under its new Accelerated Payments scheme, which was implemented via this year’s Finance Act. 600 demands for payment have been dispatched since August, forming part of the Government’s eventual target to reclaim tax from over 40,000 users of tax avoidance schemes – including arrangements marketed at contractors.
Many major newspapers claimed that Ed Miliband would launch a clampdown on umbrella company expenses during his Manchester conference speech this week. Such a pledge failed to materialise on the day, so where does Labour stand on this issue?
A survey of 200 contractors by recruitment firm, Morgan McKinley, found that over three-quarters of City-based contractors work additional hours for their clients.
A survey of recruitment consultants has highlighted the importance of developing niche skills in the current market, and reveals the reasons why some contractors are overlooked at renewal time.
Four successive industry reports paint a picture of a contracting industry in rude health, with ‘impressive’ growth in demand for IT contractors, a strong capital spending outlook by tech firms, and strong demand for IT specialists by City firms.
Various pressure groups were up in arms following a BBC Newsnight report which claims that the Government hired at least 30 consultants on day rates of £1,000 or more last year. However, an industry expert was quick to redress the balance.
As the size of the ‘non-traditional worforce’ increases (including freelancers, contractors, interims, and agency workers), an expert provides ten useful tips to consider before leaving your job behind to become a ‘self-drive’ worker.