Contractors helping plug skills gap

New research shows that contractors play a crucial role in the economy, helping plug a widening workforce skills gap.

The Association for Professional Staffing Companies (APSCo), however, says the flexible labour market isn’t fit for purpose.

Contractors count the cost of returning to the office

After more than two years where remote work was the norm, many contractors are being recalled to client offices at a significant personal cost.

While there are benefits to working from a client’s site, many contractors are finding it difficult to swallow at a time when prices are increasing.

IR35 is the biggest obstacle to hiring specialist talent in the UK
Editor | 26 April 2022
/ / / /

A year after IR35 reforms were introduced in the UK, a new report suggests that the changes are restricting access to specialist contractors.

The report also found that the majority of contractors will only consider ‘outside IR35’ contracts, despite a glut of available ‘inside IR35’ contracts.

IR35 changes damage business growth, research finds
Editor | 12 April 2022
/ / / /

One year after new IR35 rule changes were introduced in the private sector, research from the Association of Independent Professionals and the Self-Employed (IPSE) suggests they have harmed UK businesses.

Spring Statement: Small crumbs of comfort for contractors and umbrella workers

Rishi Sunak’s pared back Spring Statement contained only small crumbs of comfort for contractors and umbrella company workers.

A £3,000 increase in the threshold at which you start paying National Insurance (NI) contributions will help some low-earning employees. For many, however, this benefit will only slightly outweigh the simultaneous NI increase of 1.25%, and for some workers will only serve to reduce the loss.

How to get a higher rate of pay as a freelancer

With the cost of living going up many freelancers will be looking at ways to save money or boost their income.

One of the main benefits of working as a freelancer is that it’s easier to find additional work when you need to.

How to close your limited company

Following changes to off-payroll working rules and the end of a 12-month ‘light-touch’ enforcement period, many contractors are finding it increasingly difficult to operate ‘outside IR35’ through a limited company.

Some contractors are now at risk of being permanently locked into high tax, low benefit ‘inside IR35’ arrangements.

Self-employed workers vulnerable to financial shocks

New research shows that many self-employed workers are highly vulnerable to financial shocks.

A survey of more than 2,000 self-employed workers in the UK found that many don’t have a reliable source of income or a safety net in case something goes wrong. 

Umbrella company cloning makes national headlines

The issue of umbrella company cloning has been covered by a national newspaper for the first time. It’s hoped the national news coverage could focus attention on an increasingly worrying issue and force Companies House and the government to act.

Earlier this week, The Mirror covered the ‘mass cloning’ of umbrella payroll companies and blamed Companies House for letting it happen.

Fraudsters targeting contractors in new tax refund scam

HMRC has warned contractors and other individuals not to share information about their online tax account after reports that scammers have been using people’s private information to submit bogus refund claims.

Criminals are using Government Gateway log in credentials to register for Income Tax Self-Assessment, before submitting a fake tax refund request and pocketing the repayment.

Pages