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…

Cloud9_Umbrella_Autumn_Statement_2016_Featured

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…
Public sector left frustrated by the proposed government changes to IR35

Public sector left frustrated by the proposed government changes to IR35

According to the recent survey by the Recruitment and Employment Confederation (REC), public sector employers do not approve the changes to the monitoring and reporting of skilled contractors’ tax status that the government is currently proposing. The survey, based on feedback from 95 public sector HR managers, highlighted that 69.5% expressed fears that the suggested…