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.
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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.
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.
The proportion of contract interims being hired specifically to drive ‘rapid growth’ has grown significantly in recent months, providing further positive signs for the economy, and the demand for professional contractors in general.
Following the costly departure of David Moyes and subsequent appointment of Ryan Giggs as interim manager, why didn’t the Man United board hire an interim in the first place, and ease the transition to a new regime?
HMRC has been granted hefty new powers to tackle its huge backlog of mass marketed tax avoidance cases – and following Budget 2014, any remaining temptation for contractors to sign up to tax avoidance schemes must surely have evaporated.
A new poll of 1,000 contractors found that the vast majority are positive about their career choice and the outlook for the IT contracting market, citing better pay rates, and greater freedom as the most important factors.