It is no secret that PAYE umbrella techies specialising in IT contracting have taken a drubbing in the financial services sector of late, with many leading firms imposing tough ‘take it or leave it’ pay rate cuts. This could all be about to change, according to new research from PricewaterhouseCoopers and the Confederation of British [...]
Despite recent research by Adecco suggesting that 2012 may be a prosperous year for the UK’s IT contracting community, the chances are that they are going to have to work a lot harder for their money. This is according to a new survey by the specialist IT recruiter ReThink Recruitment, which reveals that although 90% [...]
The customary post-Christmas surge in job vacancies is no flash in the pan, according to new research from recruiters Adecco: billings for PAYE umbrella contractors and permanent jobs alike remaining encouragingly high in February, dispelling fears that January’s high-point was simply a conventional carry-over from the usual Christmas-period boost. Umbrella companies serving the IT skills [...]
HMRC has made much of its shiny new business test to gauge the likelihood of limited companies falling under IR35 but, as the old song put it, there may be trouble ahead: the planned test is already coming under attack by members of the IR35 Forum. Once again, contractors working through umbrella companies will be [...]
PAYE umbrella contractors attempting to gauge their prospects in 2012 may be modestly heartened by the BCC’s latest quarterly survey of UK businesses, which suggests that hiring confidence is returning amongst employers. The results of the survey are far from spectacular but do suggest an improvement compared to the first quarter of 2011. The data, [...]
The REC has given its verdict on the first six months of the Agency Workers Regulations (AWR) and concluded that the legislation has not dented demand for PAYE umbrella contractors and other freelancers, despite adding considerable cost and bureaucracy burdens to the UK’s recruitment industry. Demand for contractors working through either umbrella companies or limited [...]
A new and very welcome development has been announced that is good news for the construction industry. The go ahead for the new £250m Center Parcs Village in Woburn Forest, Bedfordshire, which has been given to the multi-disciplined construction company of Edmond Shipway, may just be the turning point that the industry needs to bolster [...]
The Treasury’s recent statement concerning personal service companies, published in the Red Book accompanying the Chancellor’s Budget statement, is attracting growing hostility from industry experts. The statement pledges the government to initiate a consultation on the practicalities of “requiring office holders/controlling persons who are integral to the running of an organisation to have PAYE and [...]
Contractors specialising in the IT skills market may discover the are in demand again in financial services in the wake of a disquieting report by PricewaterhouseCoopers: there are rather a lot of security holes in the sector which urgently need patching to prevent cyber bandits from stealing valuable data. The PwC survey is a disturbing [...]
The intrepid PAYE umbrella contractor making a living in the IT skills market will be heartened by a new analysis by giant group plc, which reveals that the UK’s IT consultancy businesses grew in number by 2% in 2011, reversing two years of precipitous decline. The IT sector “is at last turning a corner,” according [...]
