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.
FSB publishes Budget submission to support SMEs and secure recovery
FSB: ‘There have been very encouraging signs that Jeremy Hunt ‘gets it’ – the Budget is make or break to see if he can turn words into action’.
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Majority of businesses trialling four-day week say it was a success
CIPD: ‘This pilot has shown the potential organisations have to rewrite the rules on working norms across different roles and sectors, and create better balance of working lives for their people whilst maintaining business output and outcomes’.
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HMRC urged to review repayment interest rates
CIOT: ‘The differential between the rate of interest charged by HMRC on late payments, as compared to the interest it pays on overpayments or refunds, is simply inequitable, particularly at times when many businesses and individuals continue to suffer long delays in receiving repayments from HMRC’.
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Calls for childcare reform
REC: ‘We urge government to work with labour market experts to better understand and address the causes of economic inactivity – and we are finding the availability and cost of childcare is a significant barrier to work right now’.
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Firms with slow hiring processes exacerbating recruitment challenges
Sterling: ‘Employers continue to report difficulties with recruiting the right people. But our data suggests that this issue is being exacerbated by lengthy and complex hiring processes’.
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Businesses need to do more to workspaces to attract over 50s
Unispace: ‘The older segment of the workforce places a clear value on more from the workplace than just having a location to work from’.
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More needs to be done on apprenticeship reform
REC: ‘We hope this announcement today is not the finished article on reform of the Apprenticeship system and in particular the Apprenticeship Levy. Today's announcement does nothing to help temporary workers which are such a crucial part of the UK jobs market’.
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UK business confidence at six-month high
Lloyds Bank: ‘Business confidence continues to improve following the December boost. Firms are clearly more optimistic about the wider economy and this is driving the increase, helped by precursory signs that wage and other cost pressures may be easing’.
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