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The number of businesses that have requested a National Insurance Contribution holiday plummeted to a new low of 400 in December 2012, down 44 per cent from the 710 applications made in the same month the year before.
After a launch in a blaze of publicity, a few last minutes changes and early signs of overload, HM Revenue and Customs has proudly announced that its flagship PAYE reforms, 'Real Time Information' has had more than one million employer schemes using it in its first month.
In the last Budget, the Treasury made it clear that they intended to target the supply side as well as the demand in the tax avoidance scheme chain - and now it seems that end users are also looking to the suppliers to compensate them for losses.
The UK Government’s continued investment in infrastructure has boosted contractor work across the engineering sector despite the otherwise bleak jobs market according to agency representative, Association of Professional Staffing Companies (APSCo).