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.
Businesses remain confident despite pandemic
A recent study has revealed a high degree of confidence and optimism despite the challenges of the current crisis.
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Workplace communication at concerningly low levels
A third of employees reveal that they currently have contact with their manager less than once a week.
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Many contractors are still missing out on financial help despite SEISS lifeline
IPSE: ‘The numbers benefitting from SEISS are a far cry from the 95% of freelancers the Chancellor initially promised. There are 5 million self-employed people in the UK, but of these only up to 3.4 million are eligible.’
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More important than ever for businesses to use technology to support learning
CIPD: ‘Learning has never been more important for business, the UK and working lives – we needed it before COVID-19 and we need it even more now’.
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VAT changes delayed due to Covid-19
The new rules mark a complete overhaul of the way VAT is payable on building and construction invoices, as part of moves to reduce fraud in the sector.
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CIOT concerned over plans for Entrepreneurs’ Relief
CIOT: ‘It is disappointing that such a significant change to an established relief risks going through the policy process with little independent examination and debate’.
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Workers look to employers for support as wellbeing drops during lockdown
Over a quarter of workers surveyed said a lack of social interaction has been the greatest challenge to their wellbeing.
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UK hiring confidence seeing some improvement
Although confidence in hiring is still negative, it is seeing some improvement, indicating that the worst could be behind us.
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