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.

Narcissistic leaders cause employees more stress
Jaime Thorpe
By: Jaime Thorpe

Narcissistic leaders cause employees more stress

Professor Schyns: ‘Resources are often already stretched thin in crisis situations. Vulnerable narcissistic leaders strain them further, for instance by giving employees no guidelines on how to accomplish goals or blaming others for their own shortcomings’.

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Job applicant numbers per role jump by over a third
Jessica Attwood
By: Jessica Attwood

Job applicant numbers per role jump by over a third

CV-Library: ‘While job vacancies are still high, they’ve fallen from their peak levels in July 2022, and jobseekers are up against more applicants than they have been since January 2021’.

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Do you need to file a self-assessment tax return?
Mahli Tugby
By: Mahli Tugby

Do you need to file a self-assessment tax return?

HMRC: ‘It is important that taxpayers check if they need to complete a Self-Assessment tax return so they can pay the right amount of tax owed and avoid penalties for not filing a return’.

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Many employees don’t know whether they’ll be able to retire comfortably
Amelia Bowlzer
By: Amelia Bowlzer

Many employees don’t know whether they’ll be able to retire comfortably

Aviva: ‘This is a particularly financially challenging time which makes it more important than ever that people understand their pension savings and the retirement options available to them’.

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Separated couples urged to check for child benefit tax trap
Sophie Lewis
By: Sophie Lewis

Separated couples urged to check for child benefit tax trap

LITRG: ‘We would encourage everyone with children for whom child benefit is being paid – especially separated couples – to check they are aware of who the claimant is and what the consequences of that claim are’.

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Many homeowners taking on extra temp work to get ahead of mortgage hikes
Jaime Thorpe
By: Jaime Thorpe

Many homeowners taking on extra temp work to get ahead of mortgage hikes

Indeed Flex: ‘While those with mortgages expiring this year cannot escape repayment increases, a substantial number are actively seizing control of their finances and trying to get ahead of the increase in their outgoings’.

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High demand for engineering talent
Jessica Attwood
By: Jessica Attwood

High demand for engineering talent

APSCo: ‘We’re seeing peaks and troughs in engineering recruitment that are perhaps to be expected given the economic climate. While there was a significant monthly fall in vacancies in July, particularly when compared to May and June levels, demand for talent is still strong’.

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Agency staff ‘keep the NHS going’
Mahli Tugby
By: Mahli Tugby

Agency staff ‘keep the NHS going’

REC: ‘Politicians must stop shouting about the symptom and treat the issue. The problem in the NHS is one of staff retention. Agencies are a positive story because they show the NHS how to recruit and retain workers in healthcare by offering a better life/work balance’.

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