Latest Contractor News
Keep up to date with all the latest contractor news. We have written everything in plain English, so there’s no need to go to the overly complex HMRC website to learn about any tax and accountancy related updates.
Significant rise in legal sector hiring
APSCo: ‘The legal sector has been very resilient throughout the pandemic and, like many other professional sectors is now suffering a skills shortage’.
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SMEs warned over use of unregulated accountants and tax advisors
AAT: ‘With our members’ survey showing the widespread impact that unregulated accountants can have on small businesses, we need the government to take decisive action on this issue now’.
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Government response to Loan Charge scandal ‘disappointing’, says IPSE
IPSE: ‘After the damaging and unjust mess of the Loan Charge scandal, affected contractors should not have to be applying for a refund at all: they should have been automatically repaid’.
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Firms using social media candidate screening warned DIY approach ‘risky’
Sterling: ‘We’ve seen more employers using these online platforms as vetting tools. However, there are significant risks associated with social media screening if it’s not implemented compliantly, and a do-it-yourself approach could expose an employer to challenges of discrimination’.
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Businesses have less than a month to join VAT Deferral New Payment scheme
Financial Secretary to the Treasury: ‘The VAT Deferral New Payment Scheme means businesses can now manage their cashflow by paying their deferred VAT more gradually, continuing to protect jobs across the UK as we emerge from the pandemic and build back better’.
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Remote working employees may be eligible to claim tax relief
If employees were required to work from home last year but did not claim for the tax relief, HMRC will accept backdated claims for up to four years.
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Jobs data shows ongoing value of recruitment sector
APSCo: ‘This data points very clearly to the ongoing value of the recruitment sector to the economy as organisations look for help to find the right skill sets’.
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Hiring optimism at eight-year high for employers
Adecco: ‘It is really encouraging to see that all indicators of recovery are positive in this quarter’s Labour Market Outlook, as we continue working towards the new era of work’.
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