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UK contractors turn to overseas clients as recession hits Recently Published
The Editor [News on Business] 11:23 05/12/22
Nearly half of UK contractors’ work comes from overseas clients and just over half expect the amount of work they do for clients outside of the UK to increase over the next 12 months.
HMRC names and shames tax avoidance scheme
The Editor [News on Business] 13:44 28/11/22
HMRC has added umbrella company, Charteris Management Ltd (CML) to its list of tax avoidance schemes. However, the move has been described by one expert as ‘not going far enough’, with another urging the tax office to start calling out ‘the big players’.
Umbrella company registrations continue to grow
The Editor [News on Business] 13:38 07/11/22
It has been a confusing time for contractors and businesses that use their services, as the regulations and the political powers-that-be who administer them have operated a policy which has been a mixture of revolving doors and U-turns.
Tax body urges rethink on scrapping Office of Tax Simplification
The Editor [News on Business] 14:35 28/10/22
If the Government is serious about ‘embedding simplification’ in the UK’s tax policy-making process it should retain the Office of Tax Simplification (OTS) and consider strengthening it, the Chartered Institute of Taxation (CIOT) has told the Chancellor.
Agency group welcomes Prime Minister’s focus on skills and immigration
The Editor [News on Business] 13:48 27/10/22
Reports that the new Prime Minister plans to reform the education system and make the UK more attractive to highly skilled non-UK nationals have been welcomed by agency representative body, APSCo.
Red tape cut for thousands of growing businesses
The Editor [News on Business] 12:47 03/10/22
While the political fall-out from the controversial mini-Budget continues, a further measure has been announced which means that small businesses have just become bigger.
Freelancer confidence in the economy falls to its lowest levels since the pandemic
The Editor [News on Business] 13:23 20/09/22
New research shows that freelancers’ confidence in the UK economy for the next 12 months has fallen sharply from -27.4 in Q1 2022 to -56.7 this quarter. This represents the lowest level of freelancer confidence in the economy since the early days of the pandemic in Q1 2020.
Call on Government to invest to improve unacceptable HMRC service levels
The Editor [News on Business] 10:16 16/09/22
The President of the Chartered Institute of Taxation (CIOT) has called on the new UK Government to invest to improve HMRC’s 'unacceptable service' levels.
Digital skills prominently feature when SMEs need freelance support
The Editor [News on Business] 13:34 22/08/22
Recent research has indicated how reliant small firms are on accessing freelancer's skills with more than two thirds saying they would use them to support their businesses.
Demand for contractors spikes as skills disappear across the country
The Editor [News on Business] 10:23 15/08/22
As skills disappear across the UK, employers are relying heavily on contract professionals to keep businesses operating as threats of a recession increase, according to agency group, APSCo.
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