With another shocking story coming to light of contractors being ripped off in a tax scam, and gig-economy bosses being hauled before parliament to explain themselves, many would be forgiven for thinking things are seriously wrong in the temporary working sector. While there certainly are many causes for concern, there's no doubt that flexible working is here to stay. Not only is it helping to drive our economy forward, but it suits the lifestyles of millions of working people across the … [Read more...]
GDPR: Is your business ready for the new data protection legislation?
With just eight months to go before significant changes to the data protection rules come into force across Europe, many UK businesses are still not up to speed with the way they’ll need to change their working practices.For those who fail to organise themselves in time, Information Commissioner Elizabeth Denham is warning of potential trouble ahead: “If your organisation can’t demonstrate that good data protection is a cornerstone of your business policy and practices, you’re leaving your … [Read more...]
Congratulations Bethany
Bethany from London was our lucky contract worker who won the iPad from our June competition entries.Presented by Paul Johnston, Business Development Director of ePayMe Please visit our competition page to see how you could win a fantastic prize. During the month of July, you could win a 50" TV. … [Read more...]
Win a 50″ TV with ePayMe
After the success of our iPad competition, We're now giving one lucky person a chance to win a 50'' TV.The RulesTo be in with a chance of winning this luxury prize;You will need to be a recruitment consultant working with us, Every contractor you send to ePayMe will qualify as a single entry. There is no limit to the amount of entries you submit … [Read more...]
Why use an Umbrella Company?
An Umbrella Company provides a number of benefits to a Contractor and is an alternative to managing a Ltd Company. 1: Offsetting Legitimate Business Expenses. The main financial benefit of using an Umbrella Company is the legitimate off-setting of business expenses. HMRC has strict guidelines about what expenses you can legitimately offset, and in what circumstances but in general terms, if you are at a temporary place of work, and expect to be there for less than 2 years, then the cost of … [Read more...]
What is a cash flow forecast and why should I make one?
What is a cash flow forecast and why should I make one? Financial forecasts aren't just for large multinational corporations. They are valuable for any business and are perhaps even more important for small businesses, where a healthy cash flow is essential given they don’t always have as much cash available to draw on in case of an emergency.A cash flow forecast can help you:plan out how much you expect to make in sales this year plan how much you expect to spend in … [Read more...]
Moving back to a trusted umbrella service from an expensive PSC provider!
Following changes for off payroll working in the Public Sector, many contractors may have found themselves assessed as working inside IR35. Many end clients do not want the hassle of deciding each individual case and so have placed a blanket ban on all contractors. Many of these contractors cease operating through their own limited company, and opt instead for umbrella employment as their agency and end client have suggested. For a contractor working inside IR35 this is usually the better … [Read more...]
We are giving away iPads
It really couldn't be any easier.1 x iPad will be won by a Consultant - If you are a consultant working with us, you will be placed in the draw for every contractor you send to us. (There are no restrictions on how many times you can be entered)1 x iPad will be won by a Contractor - All new contractors registering with us before the end of June 2017, will also be placed in the draw to win. (You will need to be fully registered and in an assignment to qualify)The draw will … [Read more...]
NHS IT agency foresees PSCs moving to brollies
Contractors who supply the NHS through limited companies will likely move to umbrella companies before April’s IR35 reform comes into force, a health service IT recruiter predicts.Contractors’ next best alternative is to leave the public sector or the NHS for the private sector instead, says Don Tomlinson, managing director of NHS IT staffing firm max20.Tomlinson sounded aware that contractors who don’t act before April will have a third option -- stay as a limited company and accept the … [Read more...]
NHS boss ‘orders a stop to payments to PSCs’
Hospitals have been ordered to simply stop paying external managers through personal service companies.Jim Mackay, chief executive of health service regulator NHS Improvement, reportedly issues the order in a letter he sent to hospital leaders on Tuesday.Seen by the Times, the letter states that interims in leadership roles can be hired only if they are set clear goals and held to account for failure to achieve them.The criteria come after Mr Mackay wrote there is sometimes either … [Read more...]