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.
Number of ‘early bird’ taxpayers on the up
HMRC: ‘You don’t need to wait for the January rush to send us your tax return. More and more people are getting theirs out of the way early’.
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Over half of women say their pension isn’t enough to be financially independent
Working Wise: ‘Women are more likely to have ongoing caring responsibilities that mean they will reduce their hours, work-part time or require flexible working and it is these necessities that are causing women to reduce or even stop their pension payments’.
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Commute costs deterring workers from returning to the office full-time
Emburse: ‘Given the sharp increase in the cost of living, businesses should consider how they can support staff by reducing the financial burden of attending the office in-person’.
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CIPD’s Festival of Work returns in June
CIPD: ‘With the pandemic accelerating new ways of working it’s important to come together so we can share and understand the challenges organisations are facing, as well as solutions to help build better work and working lives for all.’
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UK loses 149 million working days to sickness
FSB: ‘Allowing small community businesses to recover sick pay costs will give them that much more space to invest, recruit and retain staff, spurring our economic recovery from the grass roots up’.
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Many small business owners suffer mental health decline due to pandemic
FSB: ‘Whether it’s the migrant entrepreneur suffering post-traumatic stress or the thousands of business owners who feel isolated and hopeless because of late payment, policymakers should reflect on the challenges faced by entrepreneurs during this Mental Health Awareness week’.
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Nearly half of employers believe they’ve made a bad hire in the last 12 months
‘Making a bad hire can have serious implications, as the time and expense taken to recruit and onboard a new employee can feel like wasted time and effort when it doesn’t work out’.
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Hybrid working can help to increase productivity
CIPD: ‘Everyone should have the chance to benefit from more choice about when, where and how they work. This can lead to increased wellbeing and engagement, and enhanced performance, all of which can lead to the productivity gains many employers are reporting’.
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