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.
Rural SMEs face unique set of challenges
FSB: ‘After decades of promises from the Government, inadequate transport and poor digital connectivity are still putting these rural firms at a disadvantage’.
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Calls for government to address IR35 issues
APSCo: ‘While we anticipate news on a possible consultation on this matter will be unveiled in Spring, we stand by our view that Off Payroll itself is having a detrimental impact on the UK’s flexible labour market’.
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Many businesses have lost money due to poor accounting
AAT: ‘These findings underline the risks and higher costs businesses can face when appointing unqualified and unregulated advisers. Our survey has also shown that small businesses in particular are losing money through accounting errors’.
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Calls for government to deliver a simpler tax system
ATT/CIOT/ICAEW/ICAS/LITRG: ‘We want to see tax simplification embedded as promised, and we offer our support to help officials realise this aim’.
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Many firms still haven’t created an appealing office environment
Unispace: ‘Businesses and employees remain in a state of limbo, with many firms indicating a desire for people to return to the office more frequently, while staff remain somewhat reluctant. The key driver for this reticence is an element that is too often being overlooked, namely that there is no real incentive for staff to head back into the office’.
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Drop in job applications for legal sector
APSCo: ‘While our research is showing a level of upheaval in the jobs market – with vacancies reporting peaks and troughs over the last five months as concerns around the economy grew – the standout data is the fall in applications across the legal sector’.
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Man jailed for ‘Eat Out to Help Out’ fraud
HMRC: ‘These schemes were designed to support individuals and businesses during a terribly difficult period. This was a blatant fraud by somebody who held a position of trust and responsibility’.
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Nearly a quarter of SMEs trapped in fixed energy contracts
FSB: ‘From cafes and pubs to salons and convenience stores, small firms that fixed their energy contracts last year will see their bills rise by three or even four-fold as prices revert back to high prices and to pre-Energy Bill Relief Scheme level’.
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