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.
More people could survive a year on savings, compared to pre-lockdown
Lockdown has resulted in more UK adults having greater confidence in their own personal financial resilience.
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Total job postings reach 1.12 million
REC: ‘The trend of improvement in hiring we are seeing may be slow, but it is sure. As schools re-open and more businesses open up workplaces, we expect to see more adverts as firms change to reflect the new normal’.
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Contractors increase opportunity to create more jobs
Research shows that the use of contractors enhances employment growth by improving productivity.
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Lack of self-employed support driving down numbers
IPSE: ‘We are already seeing the consequences of the gaps in support in the steep drop in the number of self-employed people last quarter’.
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Some job roles see more than 1300% increase in applications
Search Group: ‘We are experiencing more than double the amount of applications to any job we post compared with last year’.
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Temporary workers in high demand
Temporary staff are becoming increasingly important to businesses as they try to recover from the effects of the pandemic.
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Drop in self-employed numbers will lead to a ‘brittle workforce’, says IPSE
ONS figures show that the number of self-employed professionals fell by a record 238,000 in the second quarter of the year.
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Average contractor income dropped by 25 per cent during lockdown
IPSE: ‘It’s been clear for some time that the economic impact of coronavirus has fallen particularly hard on freelancers, but in this quarter’s Confidence Index, we can measure just how much’.
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