The most recent REC and KPMG Report on Jobs has provided an interesting insight into the potential impact of the Agency Workers Regulations (AWR). Although till now recruiters and contractor groups were wary of any related issues, but had reported … Continue reading
HMRC will be issuing the Notice to file for the tax year to 5 April 2012. Do not panic as this is not due until 31 January 2013. ICS recommends keeping these in a safe place with the other relevant … Continue reading
The latest predictions on worldwide IT spending have been published by IT experts Gartner. Following a predicted increase in IT spending earlier this year, Gartner have revised growth figures from 3.7% to 2.5%. Whilst this represents a fall in percentage … Continue reading
With certain areas of HMRC operations currently under review, including the long running IR35 saga, the last 18 months has seen a number of measures aimed to improve the efficiency of the department. After a review last summer, HMRC has … Continue reading
HMRC’s ongoing battle to cut down on tax avoidance and evasion has continued with proposed deal for taxpayers that own up to unpaid tax to avoid any prosecution. Tax amnesty’s have been offered to sole traders and contractors in the … Continue reading
The proposed IR35 business tests, which were discussed at the latest IR35 Forum meeting, have come under fire from prominent members of the forum, particularly the PCG. The business entity tests are due to be published on the HMRC website … Continue reading
This week sees the six month milestone of the introduction of the Agency Workers Regulations. The AWR was originally anticipated to have a huge impact on the contractor and freelancer workforce; however the reaction towards the regulations has not been … Continue reading
A 12 month peak in employer confidence was the highlight of the latest REC JobsOutlook. Their February report found business confidence amongst employers to be at the highest level over the last year, which correlated with the improvements in hiring … Continue reading
The recent budget announcement brought an unexpected tax break for North Sea oil companies, providing a boost for oil and gas contractors working in the North Sea. The government have committed to a number of oil and gas tax measures … Continue reading
One of the more surprisingly announcements regarding contractors in last week’s budget was regarding the government’s stance on using personal service companies. Along with an update on IR35, this additional measure outlined the government’s intention to enforce PAYE on integral … Continue reading
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