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Highlights of Spring Budget 2017 for Contractors

The eagerly anticipated Spring Budget has already come and gone and whilst we were expecting most of the changes, there were a few announcements which will be affecting contractors and freelancers alike.  As there are so many changes coming into effect this April, we’ve summarised the main points from the spring budget which may be…

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Public Sector Contractors: What are your options in 2017?

It’s one of the biggest topics of conversation within the industry, creating a massive stir for contractors and steadfast decisions from end clients. The off-payroll working in the public sector reform is about to cause more waves this year and we will look at the effect this will have on all those involved. We are…

Autumn Statement 2016

Autumn Statement 2016: how will this impact recruiters and their temporary workforce

So Philip Hammond has now released his Autumn Statement 2016, his first as Chancellor; and it has come as little surprise that the contracting industry will be significantly impacted after the announcements made on Wednesday 23rd November. Although the Chancellor did not vocalise these changes during the speech itself, there are a number of proposals…

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IPSE’s Autumn Statement Predictions

Simon McVicker, Director of Policy and Public Affairs: This Autumn Statement promises to be the defining moment for the new May Government. Chancellor Philip Hammond will have to outline his vision for the UK economy post Brexit. Intrinsically Philip Hammond is considered a more fiscal conservative than it seems Mrs May is after her interventionist…

HMRC Intermediary Reporting Deadline

HMRC Intermediary Reporting Deadline is 5th November

Winter is coming, and so is another HMRC deadline. The government introduced the Onshore Employment Intermediaries legislation in April 2014 to stop the use of false self-employment models where workers and employers may be avoiding paying tax and where the employer also avoids their other employment responsibilities. For the period 6th July to 5th October,…

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HMRC updates National Minimum Wage on 1st October 2016

In March 2016, the Government accepted the Low Pay Commissions recommendation for the rates of minimum wage which affect workers under 25 and apprentices to increase from 1st October 2016. So what are the changes? 21-24 year olds will see an increase in national minimum wage by 3.7% to £6.95 an hour The Youth Development…