The number of temporary employees in the UK increased by 9.16% on a seasonally adjusted basis to a total of approximately 1.71 million for the three-month period from October 2021 through December 2021 when compared to the same period a year ago, according to the Office for National Statistics.When compared to the previous three-month period ended November 2021, the number of temporary employees saw an uptick of 1.88%Temporary workers are self-identified when surveyed by the ONS, and … [Read more...]
U-turn on Class 4 NICs
The Chancellor, Richard Hammond, has announced a U-turn on the proposed rise in national Insurance rates for the self-employed.In the Spring Budget it was announced that as of 6th April 2018, Class 4 NICs would be increasing to 10% from the current 9% in place, with a further increase to 11% the following year.In a letter to Tory MPs, the Chancellor revealed that he has “decided not to proceed” with the planned rise in NICs for self-employed workers, despite only announcing the measure … [Read more...]
HMRC comes under fire from providers
HM Revenue & Customs’ new Employment Status Service (ESS) tool to determine the IR35 status of public sector contractors has come under fire from contractor service providers. The tool, launched ahead of a new requirement on public sector companies to set the IR35 status of contractors they engage from 6 April, is facing criticism from service providers just a day after its launch. Commenting on the new tool’s launch, Dave Chaplin, CEO and founder of contractor portal ContractorCalculator, … [Read more...]