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.
SMEs call for action as self-employed numbers shrink
FSB: ‘Our self-employed community was fundamental to our recovery from the last recession. If we want it to play that same role again, policymakers must do more to support it’.
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Calls for firms to be more strategic with recruiting diverse candidates
CIPD: ‘The findings of this report suggest that improvements in workforce diversity have happened by accident rather than design’.
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Business Secretary encourages firms to sign up for transition period webinars
When the transition period ends on 31st December 2020, the vast majority of the required actions will need to be completed regardless of the outcome of our negotiations with the EU.
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SMEs need further support for second wave
FSB: ‘Already small business confidence was at rock bottom, with our latest quarterly index finding two thirds (66%) expecting performance to worsen during the rest of the year. The new England-wide restrictions will inevitably worsen this yet further’.
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Government launches consultation to help SMEs with late payments
The consultation will run until 24th December 2020, with businesses being invited to share their views.
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SEISS increase welcome, but there are still self-employed missing out
The SEISS amount has increased from 20% to 40%, but there are still certain self-employed workers who won’t be eligible.
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Just 95 days to go until self-assessment deadline date
‘HMRC is determined to help customers during this difficult time. That’s why we’ve made it quick and simple to set up a payment plan to spread the costs and help people get back on their feet.’
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Working from home could make mentally demanding tasks more difficult
With the ‘new normal’ of long-term working from home, these results give food for thought for managers and their teams.
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