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.

Charlie Brooks
By: Charlie Brooks

Scottish oil and gas sector fund may benefit umbrella contractors

Umbrella company contractors may be interested to hear that a £10million investment has been set up in Scotland to support innovation in the Oil and Gas sector. This massive amount of funding into the sector was a key component of the Scottish Government’s Oil and Gas strategy, developed in conjunction with industry and published earlier

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Charlie Brooks
By: Charlie Brooks

Flexible working recommended by REC to help recession

A new report has advised that UK businesses should be taking on more flexible workers, such as umbrella company contractors, in order to aid the economic climate. The latest Flexible Work Commission, by the Recruitment & Employment Confederation (REC), surveyed 29 businesses and employer bodies both from the UK and abroad, about their experience of

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Charlie Brooks
By: Charlie Brooks

Is MPs’ expenses watchdog paying her fair share of tax?

Is MPs' expenses watchdog paying her fair share of tax? Acting head of standards body gets cash through private company. A recent article in the Daily Mail stated that the head of the watchdog monitoring MPs’ expenses is being paid up to £169,000 a year in an ‘off-payroll’ deal allowing her to reap huge tax

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Charlie Brooks
By: Charlie Brooks

M&S launch employment scheme for people with disabilities

Umbrella company contractors may be interested to hear that as many as 1,000 new job opportunities are to be created by Marks & Spencer, as part of a wide environmental and ethical programme PLAN A, which will recruit, train and employ people with disabilities and health conditions. The latest Marks & Spencer scheme – Marks

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Charlie Brooks
By: Charlie Brooks

IT Security Clearance for Contractors reviewed by REC

Concerns about the national system of security clearance for IT contractors has been raised by REC, who are now looking into how the guidelines impact temporary workers in the IT industry. Following an unsuccessful petition to overturn the rules by an IT contractor fed up with security clearance rules for public sector roles, and a

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Charlie Brooks
By: Charlie Brooks

‘Abusive tax avoidance’ affects temporary workers.

In response to BBC Business article "'Abusive tax avoidance' affects temporary workers" by Phil Kemp (5live investigates), what people sometimes misunderstand is that when using an umbrella company there can be no difference in take home pay, the only disparity that any contractor or freelancer should see is the difference in the margin that the

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Charlie Brooks
By: Charlie Brooks

UK engineers needed for economic recovery

Umbrella company contractors may be interested to hear that a new report has found that the UK will need as many as 1.25 million people in engineering, science, technology and mathematics jobs within the next eight years so as to support the economic recovery. The latest research, which has been carried out by from the

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Charlie Brooks
By: Charlie Brooks

Contractors in high demand among UK businesses

Positive news for umbrella company contractors and freelancers across the country, as the latest Labour Market Outlook report has revealed that a significant amount of UK businesses are increasingly turning to contractors for work. The Labour Market Outlook report, carried out by the Chartered Institute of Personnel and Development (CIPD), surveyed more than 1,000 employers

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