by Industry news | Feb 27, 2024 | Legal, Staffing, Staffing News, Talent, Talent Management and Recruiting, Taxes
Effectively managing many contractors requires staying updated on tax and labor laws to avoid penalties. Understanding the differences between contractors and employees, their tax requirements and compliance is crucial to prevent unexpected costs. With tax season...
by Industry news | Aug 1, 2023 | Europe, IR35, Staffing News, Taxes, umbrella company
Contractor engagement within the UK has been fraught with liability thanks to various changes to tax legislation which has made hirers liable for any tax unpaid by independent contractors. Now, two recent government consultations look set to change the balance of...
by Industry news | Dec 12, 2022 | Staffing, Staffing News, Taxes, Technology, Tips
Large or small, all businesses have to ensure their payroll, invoices, tax bills and data inputs are in compliance with relevant laws. There are several complicated procedures involved in taxation and compliance regulations that evolve continuously. This complicates...
by Industry news | Nov 29, 2022 | Buyers, Europe, International, legislation, Staffing News, Supplier Management, Taxes
The contractor market was rocked this month by allegations that several umbrella companies are skimming from the salaries of their workers through unspecified “employment costs.” This situation has come about through a combination of bad actors, lack of transparency...
by Industry news | Nov 14, 2022 | Europe, legislation, Staffing News, Taxes
Liz Truss’ short-lived proposal to repeal the 2017 and 2021 off-payroll working rules was met with a collective sigh of relief from the market. It felt as though the pressure of the last few years had been lifted, along with this barrier to the engagement of flexible...
by Industry news | Sep 13, 2022 | Europe, International, Legal, Staffing News, Supplier Management, Taxes
Another high-profile public sector organization has fallen afoul of IR35. High Speed 2 (HS2), the public body responsible for developing the UK’s high-speed rail network, is anticipating a £9.5m IR35-related tax bill. However, HS2’s breach of the legislation lies with...
Recent Comments