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.
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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.
The demand for interim managers increased markedly during the first quarter of 2014, particularly from the public sector. An expert also explains why the NHS needs interim support, following the recent ‘off payroll’ debate.
HMRC has offered users of ‘contractor loan schemes’ a chance to settle their outstanding tax liabilities on ‘favourable’ terms. The average contractor is thought to have avoided £11,000 for each year they took part.
A Government body has been tasked with examining the boundary between employment and self-employment, as tax rules increasingly fail to cope with the so-called ‘third way’ of working – freelancing.
The cost of HMRC’s outsourced IT projects since 2004 will end up breaching the £10bn mark by 2017 according to a new report, and little progress has been made to negotiate a more cost-effective replacement.
HMRC has released fresh guidance on IR35, replacing its decade-old FAQ section, the Government has been slammed over its ‘flimsy’ response to House of Lords IR35 recommendations, and healthy demand for contractors North and South of the border.
The Government is to launch a series of consultations into the way employee expenses are treated, including travel and subsistence claims. Could this signal the end of ‘dodgy’ expense claims processed by unscrupulous umbrella companies? A leading umbrella company MD comments.
In our latest news summary, the PCG corrects a press report that implies that NHS contractors must be ‘tax dodgers’; investment in new technology reaches a 10-year high, but skills shortages are on the rise again.