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.
1 in 4 UK workers in need of mental health support
Edenred: ‘The coming weeks are a critical period for employers who want to ensure their people and their organisations are in the best place to thrive as we emerge from lockdown’.
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New campaign launched to expose lack of flexible working opportunities
CIPD: ‘While many have hailed the pandemic as a driver for the adoption of flexible working practices, the reality for many is that this is not the case’.
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Government urged to ensure all self-employed are given SEISS support
IPSE: ‘Ahead of the fourth round of SEISS, we urge the government to look again at ours and the other policy proposals to get support to these groups’.
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Job advert recovery shows clear industry and regional divide
REC: ‘There is a great deal of underlying strength in the jobs market, despite the tough economic circumstances of the current lockdown’.
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Self-assessment late filing penalty put on pause
This year HMRC is not issuing late filing penalties for a month to help taxpayers and agents who are unable to meet the deadline.
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Calls for timely relief on corporation tax due to pandemic
CIOT: ‘Similar measures were implemented in the recession around 1990 and, again (though on a more limited basis), in 2009 in response to the financial crash of 2008’.
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Government to strengthen Prompt Payment Code
Currently, £23.4 billion worth of late invoices are owed to firms across Britain, impacting on businesses’ cash flow and their survival.
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Government urged to extend Furlough Scheme to June
CIPD: ‘This latest wave of the pandemic shows that UK PLC won’t be operating as business as usual for many months yet, and that businesses need urgent help’.
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