Archive covid-19 - ContractingWISE

Hiring News and the Economic Outlook for January 2021

Hiring News and the Economic Outlook for January 2021

By | COVID-19, Energy, Finance, Healthcare, IR35, IT, Jobs, Management Consulting, News | No Comments

As we enter 2021, economists are doing their best to predict markers for recovery despite the great uncertainty. The impact of subsequent lockdowns and Brexit will be far reaching, with PwC’s report forecasting that the UK’s unemployment rate will record its largest ever quarterly increase after the furlough scheme ends in March.…

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What does the Brexit deal mean for contractors

What does the Brexit deal mean for contractors?

By | COVID-19, News | No Comments

The Brexit trade and security deal was finalised on December 24th. Running to 2000 pages, the deal sought to establish how trade and services could be maintained now that the UK has left the EU. With this in mind, the wider implications of the UK quitting both the EU’s single market of 450 million customers along with its customs union are as yet unknown.…

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Which sectors are hiring in December

Which sectors are hiring in December?

By | COVID-19, Engineering, Finance, Healthcare, IT, Jobs, News | No Comments

New data from LinkedIn shows hiring is gradually rebounding and currently stands at its highest point since March. There’s been an increase of 6% since October, meaning that figures stand at 77% of those in November 2019.  With the ending of the second lockdown last Wednesday, and the roll out of a vaccine confirmed, hiring is expected to see a month on month increase as we enter the new year.…

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IR35 Delay Cost £740m, says Sunak

IR35 Delay Cost £740m, says Sunak

By | COVID-19, IR35, IR35 Guru, News | No Comments

Last week Chancellor Rishi Sunak delivered the Spending Review 2020. The document contained a calculation that his decision to delay private sector IR35 reform by one year has cost the government £740million in lost tax revenue. Contractor bodies have expressed shock that the government is placing this projected loss at the feet of limited company contractors who they suspect of operating as employees.…

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Government Doubles Help for Self Employed but Many Won’t Benefit

Government Doubles Help for Self-Employed but Many Won’t Benefit

By | COVID-19, News | No Comments

Boris Johnson has announced the government will double the level of financial support for self-employed workers during the second lockdown. However, there’s no change to the eligibility criteria meaning that many will continue to fall down the gaps.

The prime minister said the self-employment income support scheme (SEISS) would be increased from 40% of average profits to 80% in November.…

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