Following the recent labour market comeback, employer’s confidence has reached a nine year high as plans are made for a mass recruitment in this year’s third quarter1. The bounce back is likely due to the 1.3 million foreign nationals who made up 16%2 of the UK workforce leaving ‘Brexit Britain’; and therefore, leaving behind thousands…
When someone mentions apprenticeships, most people’s minds wander to learning a physical trade, such as becoming a plumber, scaffolder or electrician. Once upon a time, this would have been absolutely correct, but apprenticeships have changed significantly. The Merriam Webster online dictionary describes apprenticeships as: “An arrangement in which someone learns an art, trade, or job…
As the UK enters the final stages of the Government’s roadmap out of the pandemic, working life is beginning to return to normal. Employees working from home are now being encouraged to come back into their place of work and will therefore no longer be supported by the Coronavirus Job Retention Scheme (CJRS). For some,…
The story so far… IR35 has been around since 2000. It aimed to catch people who were claiming to be self-employed when their duties were more like employees. Under the current legislation, the onus is on the contractor to assess each assignment and decide if they are Inside IR35 or Outside IR35. Inside IR35 – The duties for that assignment…
It appears that contractors are becoming common victims from phishing emails. Phishing emails can be one of the most dangerous forms of cyber-crime. These emails appear to be from legitimate sources (like HMRC or an Umbrella Company) and request sensitive information from the recipient. This information is often requested either within the body of the email, or through a…
The IR35 changes resulted in an announcement from Barclays outlining that they will no longer employ anyone contracting as a sole trader or a limited company. Barclays contractors who are paid through agencies or via the bank’s procurement teams mustn’t have their contracts extended further than February 2020, and that new contractors hired from January 2020 must be PAYE.
The IR35 Private Sector reform will commence in April 2020. If you’re employed by Exceed Umbrella you won’t have to worry about this at all as the changes do not affect you. On the other hand, if you’re not employed by us or any other Umbrella company, and are Self-Employed, you will be impacted. We’ve put together a few tips to help you prepare for the IR35 reform.
The Loan Charge has been a hot topic of debate over recent months in contracting circles and it’s not difficult to see why. HMRC are deliberately targeting thousands of workers who have used disguised remuneration schemes since 1999.
Private sector off-payroll IR35 legislation was published in draft form this week in the Finance Bill 2019/20. The legislation was basically the same as discussed during the consultation process. This makes it almost identical the rules in the public sector.
The impact on both contractors and the companies that hire them is likely to be enormous when the IR35 off payroll private sector reform lands in April 2020. Even just a casual examination of the impact of the same changes made in the public sector in April 2017 backs up this forecast.