In the wake of the Covid-19 pandemic, and the latest reports that the UK economy has nosedived by 20% in one month, it’s inevitable that there will be job losses. While many companies will respond by scaling back on their overheads in order to survive, this doesn’t mean that the demand for talent is any less.…
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On Sunday, Boris Johnson announced a “conditional plan” to begin lifting England’s coronavirus lockdown. The plan outlined a “Covid-19 alert system”, that will influence how quickly the lockdown can be lifted in accordance with three conditional stages. Mr. Johnson said the government would begin with the first stage on Wednesday.…
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As the April deadline for rolling out IR35 to the private sector draws closer, the confusion surrounding the reformed legislation continues to grow. It’s little surprise then, that the number of businesses seeking to minimise their liability risk with blanket policy shows no sign of diminishing.…
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Although the Conservatives were somewhat reluctant to join the other political parties in promising an IR35 review, their win will at least remove some of the uncertainty surrounding the off-payroll reforms for contractors in April next year. The landslide vote looks likely to bolster the party’s belief in its own policies, and with the new legislation ready to go, it’s unlikely that a review will bring about major changes.…
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HSBC contractors working through the recruitment outsource agency Resource Solutions have been told that they must go onto the agency’s payroll or leave. Resource Solutions supply contractors working within HSBC’s Global Banking and Markets (GB&M) division, which helps businesses to establish international trade relations.…
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Contractors work across all sectors, which means that they need access to a broad range of tools. As well as industry-specific kit, contractors have different administrative needs depending on whether they’re working through a limited company or an umbrella company.…
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A number of workforce studies show that contracting has an increasingly fundamental role to play, both in facilitating economic growth and providing people with the opportunity to achieve a good work/life balance. In this article, Contracting Wise looks at five hot trends that will shape the contracting world of tomorrow.…
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A number of industry bodies are calling on HMRC to account for their recent actions towards contractors. Since reforms to the off-payroll rules were introduced last April, the contracting sector has come in for some heavy-handed treatment from HMRC in a so-called ‘compliancy’ campaign that many have likened to “witch-hunting.”…
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Advances in cloud computing and software mean that new technologies such as AI and blockchain are set to hit the mainstream by 2020 like never before. These so called ‘disruptive technologies’ have the ability to radically impact the business landscape, making tangible changes to the way we live and work.…
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Although the contracting sector offers many rewards, the decision to leave the security and benefits of full-time employment isn’t one that should be made without careful consideration. While prospective contractors stand to gain greater flexibility and the chance to increase their take-home pay, contracting usually involves added responsibilities as well as a degree of risk that some people can find stressful.…
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