Over a million freelancers, investors and landlords have failed to pay their tax bill on time, and could incur hefty fines and interest charges. It will come as a harsh financial blow to those who are already struggling financially after the negative impact of the pandemic.…
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A loosening of COVID-19 restrictions and improved optimism in the economic outlook. These two factors have been cited as reasons why many businesses stepped up their job recruitment plans last month. This in turn has led to record job hiring activity figures being recorded. …
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The IT contractor market continues to go from strength to strength in 2021 despite the introduction of IR35 in the private sector and the blanket bans being imposed by end clients on limited company contractors.
The recruitment industry confirms that the more technical areas of the IT labour market are still in strong demand with contractors able to “pick and choose” temporary assignments.…
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Life as a contractor working on temporary contracts is always challenging. At ContractingWise we are always here to help you navigate around the ever changing legislation, handling your contracts and working out the best payroll provider to work with. When things go wrong you are not on your own – we are here to help.…
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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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