Latest Contractor News
Keep up to date with all the latest contractor news. We have written everything in plain English, so there’s no need to go to the overly complex HMRC website to learn about any tax and accountancy related updates.
Business confidence at highest level since start of pandemic
Lloyds Bank: ‘It’s been a year since the first lockdown and the surge in confidence this month tells us firms are increasingly confident about economic recovery’.
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Hiring confidence on the rise
REC: ‘Recruiters report that this latest lockdown has been much less damaging than many feared back in January’.
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More clarity needed on vaccination certificates for flexible workers
APSCo: ‘There is an urgent requirement for the Health and Safety Executive to take a much more proactive role in advising the recruitment sector and all users of flexible labour, the self-employed and the gig economy, in terms of leadership, policy and guidance’.
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Concerns that umbrella workers aren’t receiving fair holiday pay
IPSE: ‘We are deeply concerned by reports that umbrella workers may not be receiving their full entitlement to holiday pay’.
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660,000 people have left the self-employed sector in the last year
IPSE: ‘The pandemic has had a disproportionately damaging impact on the self-employed sector in the last year, with one in eight being driven out – into employment or out of work altogether – and many more struggling with severe financial loss’.
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Uber changes highlight the complexity of worker classification
Guidant Global: ‘While there is no one-size-fits-all solution, the Uber ruling is likely to be the first of many challenges that we’ll see to the structure of the gig economy.
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Recovery in February driven by global demand for UK technology
Lloyds Bank Commercial Banking: ‘It is encouraging to see a rising number of UK sectors register output growth in February, despite the challenging lockdown conditions’.
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Job postings remained stable through lockdown
REC: ‘We should start to see hiring activity bounce back in the coming months as more people are vaccinated and restrictions are lifted’.
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