Many UK citizens over sixty years of age could find themselves working beyond their official retirement age, a large proportion of which could be contractors and freelancers.
Business News
Contractors to make up large proportion of 33 million to work beyond retirement
Posted on 25th May 2010 by Karl
Reducing nation’s debt a priority for Government
Posted on 24th May 2010 by JasonThe majority of business owners regard tackling the United Kingdom’s public deficit as the main priority for the newly formed coalition Government between Conservatives and Liberal Democrats, results of surveys by two main business organisations show.
Calls for caution in public sector cuts
Posted on 24th May 2010 by JasonThe Government intends to cut spending in the public sector by £6 billion in the next year, which could have an adverse effect upon the economy, according to the Recruitment and Employment Confederation (REC). The REC has warned that drastic cuts in the public sector will damage the economy at a time when contractors and [ Read more ]
What effect will the emergency Budget have on you
Posted on 21st May 2010 by LouiseThe emergency Budget has been announced as 22nd June 2010, the day when contractors, sole traders and limited companies will find out whether they are going to be affected or not by the Chancellor’s announcements.
Contractors discover what’s in store for them in Budget
Posted on 20th May 2010 by JasonThe new Chancellor, George Osborne, announced the date for the emergency Budget will be 22nd June 2010. Osborne has also launched a new watchdog, which will independently monitor government spending. The Chancellor believes this move will increase public confidence in the newly formed coalition Government by Conservatives and Liberal Democrats.
PCG confident new government will benefit UK contractors
Posted on 19th May 2010 by JasonThe Liberal Democrats and Conservatives have joined forces to form a coalition Government after an uncertain period following the General Election on 6th May 2010, which resulted in a hung parliament, the first since 1974. The Professional Contractors Group (PCG) has welcomed this fact and is confident that the difficulties that contractors face will be [ Read more ]
Could rise in unemployment affect contractors?
Posted on 18th May 2010 by KarlStatistics from the latest report on the labour market show that unemployment stood at 8 percent in the first quarter of 2010, an increase of 0.2 percent. The study was completed by the Office for National Statistics and show that the number of unemployed people has increased by 53,000 to reach 2.51 million, the highest [ Read more ]
Umbrella contractors to benefit from the new government
Posted on 17th May 2010 by JasonUmbrella contractors may be pleasantly surprised by the potential benefits of the Conservative and Liberal coalition government that is now officially in power. As the initial details are beginning to be revealed regarding taxation, the economy and legislation the future looks a little brighter for contractors.
The newly appointed Chancellor of the Exchequer, George Osborne has [ Read more ]
Agency workers to aid recovery of economy
Posted on 13th May 2010 by JasonResearch by the Recruitment and Employment Confederation has shown that employers are relying upon agency and temporary workers in their recruitment planning, in both the short and long term. The latest Jobs Outlook collated by REC has shown that 88% of employers who took part in the survey would be keeping the current numbers of [ Read more ]
Innocent advice could result in a fine
Posted on 12th May 2010 by LouiseNew regulations announced by HM Revenue & Customs (HMRC) could see those providing advice on how to legitimately reduce your tax bill being fined large penalties. These new tax rules have been branded as “dangerous” by Professor Anne Redston, a tax expert at King’s College in London, according to the Daily Mail.
Professor Redston also stated [ Read more ]