Genius Money, keeping you up-to-date with all the latest news. You will find articles on all the latest regulatory developments, industry-related updates, financial & payroll related news and much much more...
MORE THAN 160,000 STILL FURLOUGHED AT END OF APRIL
Posted: 4th June 2021
More than 160,000 construction workers remained on furlough at the end of April, new figures have shown. Data released by the government this week&nbs...
CONSTRUCTION LEARNERS TO GET SITE SKILLS CARDS
Posted: 2nd June 2021
Construction trainees will soon be given their own skills cards to help oversee work placements. The new Industry Placement Card will help support l...
SELF-EMPLOYED TRADE RATES 20% UP ON A YEAR AGO
Posted: 19th May 2021
Average pay for self employed trades has risen by nearly 20% since the first lockdown a year ago. According to the industry’s biggest payer of...
NUMBER OF FURLOUGHED CONSTRUCTION WORKERS FALLING FASTER THAN WIDER ECONOMY
Posted: 10th May 2021
Number of furloughed construction workers falling faster than wider economy Latest HMRC data shows size industry’s furloug...
WILL THEY COME BACK? WHY BRITISH CONSTRUCTION LOST ITS EASTERN EUROPEAN WORKFORCE
Posted: 4th May 2021
In recent weeks, a persistent rumour has been circulating about migrant workers in construction. The specifics differ, but the central premise is the ...
CONSTRUCTION OUTPUT GROWS BY 1.6% IN FEBRUARY
Posted: 15th April 2021
Construction output grew by 1.6% in February 2021, largely thanks to a 1.5% increase in new work and 1.9% increase in repair and maintenance, as the i...
IR35: RISHI SUNAK URGED TO AMEND ‘FLAWED’ OFF-PAYROLL RULES TO ENSURE SELF-EMPLOYED RIGHTS
Posted: 13th April 2021
IR35 LEGISLATION must be re-examined to correct the "fundamentally flawed" nature of how off-payroll rules operate, a group of MPs have said. IR35 cha...
FREE HOME TESTING COVID KITS NOW AVAILABLE TO ALL CONTRACTORS
Posted: 29th March 2021
Construction companies can now order free Covid test kits for workers to use at home. The extension of the workplace testing regime will supply home...
EMPLOYMENT LAW CHANGES: WHAT YOU NEED TO KNOW
Posted: 22nd March 2021
With Brexit, Covid, and new tax rules for the self-employed, this year sees a plethora of significant changes in the field of employment law. Here is ...
AROUND 350,000 NEW CONSTRUCTION JOBS WILL NEED TO BE CREATED BY 2028 TO KEEP THE GOVERNMENT’S COMMITMENT TO ACHIEVING NET ZERO GREENHOUSE GAS EMISSIONS BY 2050 ON TRACK.
Posted: 15th March 2021
Around 350,000 new construction jobs will need to be created by 2028 to keep the government’s commitment to achieving Net Zero greenhouse gas ...
ALL CONSTRUCTION COMPANIES CAN NOW GET FREE COVID TESTS
Posted: 8th March 2021
Construction companies of all sizes can now register to order free lateral flow Covid tests for their employees from the government. The tests detec...
BUDGET 2021: UK'S TAX BURDEN TO 'REACH HIGHEST LEVELS SINCE 1960S'
Posted: 4th March 2021
The UK's tax burden is to rise to its highest level since the 1960s, the Office for Budget Responsibility has said, after the chancellor set out pla...