DEUTSCHE BANK RE-ENGAGING PSC CONTRACTORS.
DEUTSCHE BANK DOES A MAJOR U TURN AND RE-ENGAGES THE PSC CONTRACTORS
If this is a clear demonstration that companies either do not understand the rules or that they are just to grey for them to risk continuing to use contractors.The majority of users in the UK that use contractors paniced, and took away the contractors right to genuinely continue contracting.
Contractors should seriously consider if they are going to continue to work with companies that acted in this way when the heat was on. The ones that clearly decided to think of number one and took the right away from contractors to contract should be avoided especially the ones that forced the option of Umbrella showing no commitment towards the extra costs that this would inherited by the contractor.
You all now have 12 months to reassess the information that was provided to you which clearly showed the companies attitude and behaviour towards you as a contractor. If the company was demonstrating that they were clearly on your side and willing to continue using contractors, then work with them. If they dropped you like a hot potato then you have to decide if you are willing to continue to provide them with your skills.
THE GOVERNMENT LAUNCHES £2 BILLION FUND CALLED KICKSTART SCHEME
The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds. The government has introduced a new Kickstart Scheme in Great Britain, a £2 billion fun ...
ROCKY ROAD AHEAD FOR VANS REDEFINED AS CARS
If modified crew-cab vehicles should now be treated as cars for benefit in kind purposes, what does this mean for input VAT and capital allowances? Helen Thornley investigates the wider tax implicatio ...
CLOCK IS TICKING TO REPAY CORONAVIRUS GRANTS
Self-employed individuals, and employers, have 90 days to inform HMRC that they have over-claimed the SEISS or CJRS grants and repay any excess before penalties apply. Any incorrect CJRS gr ...
TAX CREDITS DEADLINE: CUSTOMERS AT RISK OF LOSING OUT
Customers whose circumstances have changed in the last year or who have received a letter to reconfirm their income details must contact HMRC before 31 July. Tax credits customers only have until 31 J ...
OFF-PAYROLL APRIL 2021 PRIVATE SECTOR ROLLOUT NOW A CERTAINTY
David Chaplin of Contractor Calculator reported last night the following after the four-year loss against Off-Payroll Rules due to come in as of April 2021. David wrote; The April 2021 rollout of the ...
CITB AGREES TO CUT LEVY BILLS BY 25% FOR TWO YEARS
CITB has revealed plans to cut levy bills by 25% over the next two years and give cash-strapped contractors more time to pay. Employers will continue to have a payment holiday on the levy until S ...