Fiscal drag will push 55,000 working parents into the childcare tax trap, according to new analysis by the Centre for Economics and Business Research
The headline measures in Jeremy Hunt’s ‘back to work’ budget will benefit expectant parents and some higher earners, but a lack of action on tax brackets will leave many workers worse off.
In the 2023 Budget, the main policy announcements for employees revolve around childcare and pension reform.
The teams at Umbrella have skipped over the finish line and raised a whopping £1,539.10 for Cancer Research UK.
Umbrella.co.uk signed up to the February 2023 Cancer Research UK Skipping Challenge. Our teams completed the 100 skips a day with wild enthusiasm to raise vital funds for life-saving cancer research.
Jobs website Indeed has reported a significant increase in the number of workers seeking out additional part time and casual work to cope with the cost of living crisis.
The recruitment platform found that searches for ‘weekend only’ work and ‘night shift part-time’ jobs were up 120% and 110% respectively in the three months to January 2023.
The data also showed a surge in searches for low-skilled jobs, with searches for 'warehouse part-time' increasing by 252% and 'retail part-time' increasing by 124%.