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Roll Over CIPD – The REC Predicts an Upbeat Jobs Market for 2011
The UK’s contracting community can draw a little seasonal comfort from a new forecast from the Recruitment and Employment Confederation (REC). Contract jobs could well be on the rise in 2011, according to the REC’s predictions, as many private sector employees will be looking to hire staff in the New Year. The REC’s survey suggests that [...] -
Income splitting under attack
Tax director John Whiting and his team have been looking at ways to prevent income splitting, which is used by husbands and wives to split the income produced by a family business, as he deems the tax saving made ‘unfair’. John and his team at the Office of Tax Simplification (OTS) has stated that they will [...] -
Wanted. Entrepreneurial Self Starters from UK Universities
The government has made much of its admiration for the self employed contractor workforce in the UK. In line with this sentiment, the National Council for Graduate Entrepreneurship (NCGE) believes that more encouragement for talented young graduates to set up their own small businesses could be a major asset to the economy. According to NCGE chief [...] -
Will 2011 Bring a Bonanza of Jobs in IT Contracting?
2011 is set to be a promising year for the jobbing IT contractor, who is likely to experience rising demand for his or her services in the New Year as IT is increasingly regarded as a critical resource. This is the view of two companies from computer giant Dell’s customer base. Good Energy and Pensions First [...] -
UK Jobs Market is Improving
Whilst it hasn’t been disastrous for the UK’s freelance contracting community, 2010 is unlikely to go down in history as the year of plenty as far as contract jobs are concerned at least. There hasn’t been a collapse in the jobs market as some had feared, but neither has there been any spectacular growth. With [...] -
A Wake-Up Call to Contractors: Get Expert Advice on Pensions
The market in contractor finances has become far more intricate than many in the UK’s contracting community appreciate, with the result that significant numbers may not be making adequate provision for pensions according to an expert. Phil Perry, who is co-director and co-founder of Ark Financial Planning, has warned that a majority of people simply do [...] -
Contractors Should Look to London in the New Year CBI Predicts
The prophets of doom have been enjoying something of a high season in the aftermath of the government’s deficit reduction plans; whilst economic forecasts need to take reasonably accurate perspectives on future trends, there’s always room for interpretation. And a danger attached to the more dire interpretations is that they run the risk of becoming [...] -
When Prevention is Better than the Cure. Late Payment and Ltd Company Contractors
Freelance contractors who work through their own Ltd Companies are frequently faced with a major problem: late payments. A large proportion of small businesses in the UK fail in their first year not because of unprofitability but because of cash flow difficulties. And this is hugely exacerbated by clients who fail to settle their fees [...]