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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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Apprenticeship Levy

The Apprenticeship Levy One of the many changes that will come into effect in April 2017 is the Apprenticeship Levy, which has been somewhat overshadowed by the off-payroll reform in the public sector. This new levy will affect both the public and private sector with payments starting from May 2017. The government has pledged to…

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Cloud9 Umbrella launches new rewards scheme for clients

Here at Cloud9 Umbrella, we understand that there is more to life than just contracting. That is why we are launching ‘Kingsley Hamilton Lifestyle’ – an exclusive rewards scheme for our clients. The rewards scheme is our way of adding value to the services we provide to you whilst also helping you to achieve a…

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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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What does the Autumn Statement mean for contractors?

As Philip Hammond delivered his first (and his last) Autumn Statement as Chancellor of the Exchequer, our sister company K&B Accountancy Group summarised the main announcements relating to contractors: 1. VAT Flat Rate Scheme (FRS) A new Vat flat rate of 16.5% will be introduced from April 2017 for contractors who have little expenses. For…