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Shout99 - the network for freelancers
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The last 15 months has provided every aspect of society with an unprecedented challenge, not least to small firms and founders.
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An agency trade body has warned that the skills gap is going to stretch further unless quick action is taken to encourage more independent professionals from outside the UK to relocate here for work.
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The 1.25 per cent hike in National insurance and dividend tax hike is likely to hit small business owners and contractors the hardest.
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HMRC was branded as 'shambolic' after it has been denied the chance to appeal an outside IR35 verdict at the Upper Tier Tribunal (UTT) after submitting their application after the deadline.
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Latest Government figures showing a record number of job vacancies in July, are further indication of the need to review the UK's entry programme for h'high-value independent professionals', according to agency body APSCo.
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HM Courts and Tribunal Service has become the third Government department to be hit with a multi-million bill from HMRC due to making incorrect IR35 status decisions.
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Organisations must direct resources towards engaging non-permanent workers – or risk losing valuable skills in a talent-scarce market, according to recruitment provider, Guidant Global.
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The professional recruitment market has continued to perform exceptionally well with huge increases in year-on-year vacancy and placement figures, while monthly data points towards steady hiring despite the usual summer dip associated with holiday season.
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Calls by trade union body, the TUC, to ban umbrella companies have been branded as 'misguided' and a 'knee jerk reaction' by representatives in the sector.
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Four in 10 businesses impacted by recent changes to IR35 in the private sector have admitted they would approach the changes differently if given the opportunity. Meanwhile, nearly a third are already reviewing their strategy for managing the reform despite the changes only coming into force on April 6 2021.
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