Author Archives: Editor

Are contractors maximising the benefits of tax-free ISAs?

Time is running out for contractors who want to deposit the maximum £10,200 in a tax free ISA. Robin Bailey of Nationwide advises that contractors may want to use their Individual Savings Accounts (ISA) tax relief allowance for this year … Continue reading

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Will Umbrella companies be affected by the new employment laws?

According to a new survey conducted by the British Chambers of Commerce at least half  the Umbrella companies and UK small businesses are concerned that changes to employment law will damage their business. The survey showed that 52% of companies … Continue reading

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Umbrella Company contractors plan for April shut down

Due to the Easter weekend and royal wedding bank holidays April only consists of 18 working days. While this is good news for employees throughout the UK, Umbrella Companies and small businesses will need to plan early for the shut … Continue reading

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StartUp Britain hopes to give a helping hand to UK entrepreneurs

While the government’s new StartUp Britain campaign has been met with some mixed feelings, it is hoped that it will give entrepreneurs a helping hand. In March David Cameron helped launch a new initiative to support entrepreneurs. StartUp Britain is … Continue reading

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Good value for money provided by Umbrella company IT contractors

It is felt by nearly 80% of IT directors that the private sector workers provide good value. Speaking for ReThink Recruitment, Michael Bennett said that the government suggests that the private sector can absorb the public sector redundancies, but employers … Continue reading

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Employee Benefit Trust Schemes investigated by the HMRC

The HMRC is investigating Umbrella company contractors and will deal harshly with employment benefit trust schemes (EBT’s).  These schemes, usually offshore umbrella company schemes, are being looked at by the HMRC as a form of disguised remuneration. Employee Benefit Trust … Continue reading

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IR35 ineffective and ready for change

According to a survey carried out by the REC (Recruitment & Employment Confederation) a large majority of recruiters believe that IR35 is ineffective and ripe for reform. At the same time the OTS was due to report on its findings … Continue reading

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Umbrella contractors should keep their CVs updated

In order to keep themselves successful on the job market, Umbrella contractors need to change the way they present themselves by keeping their CVs up to date. A strong and up to date CV is essential. The managing director of … Continue reading

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Umbrella Contractors could be in demand due to IT spending rise

Due to the expected investing in technology over the next 12 months, IT-focused umbrella contractors could be in greater demand. It is been predicted that there will be a 7% increase in IT spending in 2011, due to the strong … Continue reading

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Putting contracting in perspective

Contracting, especially within the UK, is a very attractive proposition to many workers due to the good daily contract rates and flexible employment structure. Continue reading

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