A survey from ContractorCalculator has found 76 per cent of public sector departments have lost highly skilled contractors while 71 per cent of projects have been delayed or cancelled. ContractorCalculator says the public sector has been decimated following the controversial IR35 tax reforms that came into effect earlier this year. The company’s survey comes just four months after the implementation of the IR35 changes. Other findings include: 27 per cent of public sector contractors left … [Read more...]
IR35 tax reform causes mass exodus of public sector contractors
April’s IR35 tax reform is causing a mass exodus of public sector contractor talent and delays to projects agencies are recruiting for, according to research from contracting site ContractorCalculator. The findings of their survey of 1,500 contractors, released this morning, reveals 76% of public sector departments have lost top talent due to the reforms, with the talent drain causing 71% of projects to be delayed or cancelled. The research, which follows on from anecdotal evidence that … [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...]
30 hours free childcare: What you need to know
Childcare can be a significant financial burden for parents with costs adding up to thousands per year. To address the issue, the government is doubling free child care for three and four-year-olds in England from 15 hours to 30 hours from September 1. The 30 hour funding will be available to parents who work at least 16 hours and earn less than £100,000. They can claim it for the term after their child's 3rd birthday. It will usually available for 38 weeks of the year (term-time) … [Read more...]
Umbrella working offers better rates of pay, says FCSA
Umbrella working is being adopted by an increasing number of high-end professionals in a diverse range of occupations, according to research by the Freelancer and Contractor Services Association (FCSA). Key findings from the study, which compares umbrella working in 2015 with 2017, show that the average assignment rate has risen significantly over the last two years, with 73% of umbrella workers earning £15 per hour or more, compared to 53% earning the same rate in 2015. The average length … [Read more...]
The Criminal Finances Act will come into force this Autumn! Just as we’re getting our heads, and procedures, round GDPR
Criminal Finances Act (APSCo Quarterly Board Pack Briefing) Overview: The Criminal Finances Act came into force on 27 April 2017 and introduces new corporate offences of failing to prevent the facilitation of UK or foreign tax evasion. Part 3 will come into force through a Statutory Instrument in Autumn 2017. It introduces a new corporate criminal offence for businesses that fail to put in place reasonable procedures to prevent the facilitation of tax evasion by their employees and … [Read more...]
IR35 reform in the private sector: waiting for the other shoe to drop
Long before controversial public sector IR35 reform was introduced in April, speculation was mounting that the private sector would face similar changes. And in fact, public sector reform was simply seen as a test-run for the private sector by many, writes Seb Maley, Qdos Contractor's CEO. While private sector IR35 reform has not yet been confirmed by the government, the rumour that this might well happen in time does have substance. Along with increasing media attention, private sector IR35 … [Read more...]
HMRC winning majority of tax avoidance cases
One of the three cases lost by HMRC concerned Investec HM Revenue & Customs lost just three of the 26 tax avoidance cases heard in 2016/17, data from the Government department shows. A list of litigation decisions that involved tax avoidance on the HMRC website shows that there was also one mixed decision – concerning brewer Greene King – where the outcome was found partially in favour of HMRC. The three cases it lost concerned Investec, Project Blue, which is a subsidiary of … [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 Rules To 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...]
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