IT contractors

Demand for IT contractor skills hits a dramatic high

The overall demand for skilled candidates was revealed to still be significantly increasing, as of November, according to the monthly Report on Jobs by IHS Markit/REC. Consultants were asked to report on the availability of contractors and the latest index result was 39.6. Index readings below 50 indicate a lower availability than the month before,…

temporary staff

Industry Update: Temporary staff & contractor demand on a high

It has been a turbulent few months in economic, political and social landscapes. For contractors, there have been huge variables from Brexit, to IR35 concerns that have influenced the state of the job market. Nonetheless, various sources including the IHS Markit/REC Report on Jobs indicate a soar in demand for temporary staff. As a result…

Cloud9 continues processing payroll during server blackout

Last Thursday, the Cloud9 office had a major disruption when an external issue with broken optic cables within the local BT exchange meant that we had no telephone or internet access for almost 2 working days. Although unable to access any emails or landline in our office, we were able to redirect all calls to…

risky contractor loan schemes

Cracking down on risky contractor loan schemes

It has been a turbulent year for contractors, especially those who work within the public sector and have been hit by the introduction of the “off-payroll” reforms in April. Now a storm of risky umbrella firms are luring temporary workers with promises of higher take-home retentions in a bid to sidestep the tax crackdown that’s…

Criminal Finances Act 2017

New rules regarding tax evasion: Criminal Finances Act 2017

On April 27th, the Criminal Finances Bill received Royal Assent becoming the Criminal Finances Act 2017 and represents a significant development in the UK’s anti-money laundering regime in over a decade as well as the largest expansion of corporate criminal liability since the Bribery Act 2010. From 30th September 2017, companies will be criminally liable…

Public Sector reform so far – what do our clients think?

The introduction of HMRC’s off-payroll reform has impacted the public sector over the past 6 months and we have witnessed a dramatic increase in enquiries for our PAYE payroll solutions; as contractors make the switch from their limited companies to compliant umbrella solutions in line with their updated IR35 status. Cloud9 has supported many contractors…