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The latest list of tax defaulters has an underlying message that HM Revenue and Customs is prepared to chase tax offenders with huge fines and penalties.
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HM Revenue and Customs has published its second 'name and shame' list of tax defaulters, which includes a recruitment agency and an umbrella provider for lower-paid workers.
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More than half of accountancy and finance contractors are working in the public sector according to a recent survey.
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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.
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The 2012-13 Employer Annual Return is due by May 19 2013. It will need to be on time to avoid a late filing fee or further penalty.
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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.
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Contractors shifting to annual PAYE payments to avoid the monthly Real Time Information (RTI) scheme could have contributed to a log jam of requests.
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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.
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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).
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Engineering contractors are particularly positive about opportunities over the next year in the automotive sector, according umbrella employment provider, giant group.
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