Majority of recruitment firms fear implications of no-deal Brexit

(2 minutes to read)

When professional recruitment firms were asked if they expect a no-deal Brexit to have an immediate impact on access to talent, over half (58%) said ‘yes’.

A significant number of recruitment companies are concerned about the prospect of a no-deal Brexit, revealed a new report.

A survey by the Association of Professional Staffing Companies (APSCo) found that 87% of the professional recruitment firms polled are concerned about the implications should freedom of movement end in a no-deal scenario.

This is despite the fact that individuals from the EU will now have until at least December 2020 to apply for pre-settled or settled status.

When quizzed on whether they believe there is sufficient access to clear guidance on the EU Settlement Scheme (a Home Office initiative designed to provide EU citizens and their families with a route to living and working in the UK after the country leaves the bloc), 55% said ‘no’.

Tania Bowers, Legal Counsel at APSCo, commented, “It is unsurprising that the professional recruitment sector is worried about how the current political turmoil may impact access to talent in Britain and the rights of UK nationals working in Europe. While the government has now stepped away from plans to impose an overnight cut-off on free movement on October 31st, uncertainty remains.”

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Email Jaime

Bowers added, “We are concerned that UK nationals working in the EEA have very little clarity on their status in the event of a no deal Brexit as this will depend on the position taken by each of the EU 27 separately. Furthermore, the Government’s white paper, with its focus on Tier 2 employed status, fails to consider the loss of EU self-employed contractors to the domestic workforce.”

“EU citizens living and working in the UK can now apply for the Settlement Scheme, while those arriving between Brexit day and the end of 2020 will be able to apply for temporary leave to remain. However, despite these mechanisms being in place, staffing firms and employers are left with the challenges of reassuring and supporting existing European workers and encouraging EU candidates to come to the UK at this uncertain time.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

dav1