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.
New UK business owners are getting younger
Entrepreneurial spirit is getting younger according to a new report, with 69% of new businesses being set up by 18-34-year-olds in the last five years
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Accountancy demand on the up outside the capital
Professional accountants will be pleased to learn that a recent report has revealed increased demand outside of the London area.
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Self-employment sector growth driven by highly skilled freelancers
A recent report has revealed that growth in the UK’s self-employed sector has been fuelled by a rise in the number of highly skilled freelancers.
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Majority of contractors unhappy with IR35 CEST tool
New report reveals 81% of contractors would be deterred from working through a recruitment agency or for a client in the private sector if CEST was the only IR35 status method used.
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2018 could bring strongest year of growth for recruitment agencies
2018 could see major growth for recruitment agencies, as latest research has revealed that almost 1,800 new agencies have launched since the beginning of the year.
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Inflation fall welcomed by the self-employed
Recent ONS data revealing a drop in inflation will come as positive news for the UK’s 4.8 million-strong self-employed population, says the Association of Independent Professionals and the Self-Employed.
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REC responds to Spring Statement
One of the Chancellor’s points looked at how improving people’s skills benefits both individuals and the wider economy. To support upskilling and retraining, the government is seeking views on extending the current tax relief to support self-employed people and employees when they fund their own training.
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Many SMEs optimistic about funding prospects
As many as 75% of the UK's small and medium sized enterprises (SMEs) are feeling confident that they will be able to access the funding they need to grow over the next year.
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