Excitement Mounts as Big Tax Cuts Likely in Pre-Election Budget
With the UK’s Spring Budget just around the corner, anticipation is building as Chancellor Jeremy Hunt prepares to unveil potential tax cuts that could provide much-needed relief to individuals and families across the nation. But can he make a better job of balancing the books than he can balancing his own moral compass? With an […]
Streamlining Workforce Management: FCSA and SafeRec Accredited Umbrella Companies Deliver Benefits for End Hirers
In an era of evolving workforce dynamics, end hirers are increasingly turning to accredited umbrella companies to navigate the complexities of employment. The Freelancer and Contractor Services Association (FCSA) and SafeRec accreditation have emerged as trusted benchmarks for umbrella companies, providing a seal of approval for compliance, transparency, and best practices. End hirers utilizing FCSA […]
HMRC Launches Investigation into Self-Employed Status of Pharmacy Locums
In a bid to scrutinise the employment practices within the pharmaceutical sector, His Majesty’s Revenue and Customs (HMRC) has initiated a comprehensive investigation into the classification of pharmacy locums as self-employed individuals. This move comes amid growing concerns over potential misclassification and its impact on tax contributions and workers’ rights. Pharmacy locums, who often work […]
IR35 Exemption for Sole Traders in Construction: Striking a Balance with Genuine Independent Contracting
In a recent clarification regarding the impact of IR35 regulations in the private sector, it has been affirmed that sole traders, particularly those in the construction sector who also fall under the Construction Industry Scheme (CIS), are exempt from these regulations. While this brings relief to many freelancers and independent contractors, it also prompts a […]
UK National Minimum Wage Rise: Implications for Umbrella Hourly Charge Rates and Recruitment Sector Dynamics
As the United Kingdom prepares for an imminent increase in the National Minimum Wage (NMW), the spotlight turns to how this adjustment will reverberate throughout the contract labour market. Among the ripple effects, one crucial consideration is the impact on the umbrella hourly charge rate, which is poised for an inevitable adjustment to accommodate the […]
