http://www.paystream.co.uk/news-feedView all the latest industry news and views from Paystream.Wed 19 Jun 2013 10:04:16http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-protects-against-NI-hike.aspx?aid=40012545&cid=438036712With experts calling for higher national insurance rates to be imposed on self-employed freelancers, an umbrella company can offer contractors protection against any future tax hike plans. A new repo...Tue 18 Jun 2013 15:00:0040012545http://www.paystream.co.uk/Umbrella-company-news/Adapting-to-new-challenges-keeps-pay-rates-high-for-IT-contractor-umbrellas.aspx?aid=801600711&cid=438036712IT contractor umbrellas need to adapt in order to keep up-to-date with the latest technologies and the challenges they can create.According to Mark Sweeny, of Certus Solutions, IT contractors need to ...Tue 18 Jun 2013 00:00:00801600711http://www.paystream.co.uk/Umbrella-company-news/New-recruitment-agency-aims-to-fill-the-growing-skills-gap.aspx?aid=801600692&cid=438036712A new specialist recruitment agency aims to help umbrella company contractors to find the best construction and engineering positions. Hanic International intends to help fill the growing shortage of ...Tue 18 Jun 2013 00:00:00801600692http://www.paystream.co.uk/Umbrella-company-news/Businesses-in-Midlands-suffering-skilled-worker-shortage.aspx?aid=801599807&cid=438036712According to a PricewaterhouseCoopers (PwC) survey, around 65 per cent of businesses within the Midlands are suffering due to a shortage in workers that have the relevant skills.The shortage could pro...Mon 17 Jun 2013 00:00:00801599807http://www.paystream.co.uk/Umbrella-company-news/PAYE-Has-your-umbrella-company-switched.aspx?aid=40012530&cid=438036712If your umbrella company has switched to reporting PAYE in real time, then it most certainly isn't alone. According to government figures, more than 83 per cent of small to medium firms and more than...Fri 14 Jun 2013 15:50:2840012530http://www.paystream.co.uk/Limited-company-news/IT-skills-gap-leaves-companies-open-to-cyber-invasion.aspx?aid=801599435&cid=438036713The lack of skilled IT professionals has left businesses struggling to fill employment gaps and fully protect themselves against the increasing threat of cyber invasion.The IT skills gap currently bei...Fri 14 Jun 2013 00:00:00801599435http://www.paystream.co.uk/Umbrella-company-news/Job-market-boosted-by-nationwide-construction-boom.aspx?aid=801599319&cid=438036712Limited company contractors and umbrella contractors will continue to benefit by the increase in job opportunities within the construction sector, according to new survey results. The construction ind...Fri 14 Jun 2013 00:00:00801599319http://www.paystream.co.uk/Umbrella-company-news/Data-shows-more-umbrella-contractor-jobs.aspx?aid=40012515&cid=438036712Those considering becoming an umbrella contractor will no doubt be seeing more opportunities for employment. New figures from the Office for National Statistics have revealed private sector employmen...Thu 13 Jun 2013 16:05:5840012515http://www.paystream.co.uk/Umbrella-company-news/Scotland-needs-more-employees-to-fill-skills-gap.aspx?aid=801598583&cid=438036712Although a recent survey of manufacturers and engineers throughout the UK suggests that Scotland's rate of industry growth is predicted to be much higher than the rest of the UK, it has also identifie...Thu 13 Jun 2013 00:00:00801598583http://www.paystream.co.uk/Umbrella-company-news/Umbrella-service-can-grow-pensions.aspx?aid=40012487&cid=438036712With self-employed workers missing out on pension payments of nearly £92,000 over their working lives, it could be time for many to join an umbrella service. Research from Prudential showed freelance...Wed 12 Jun 2013 16:35:2140012487http://www.paystream.co.uk/Umbrella-company-news/IT-umbrella-contractor-pay-to-rise.aspx?aid=40012486&cid=438036712If you're an IT umbrella contractor you could well see your pay rise throughout 2013, according to forecasts from Jenrick IT. During the year wages are expected to increase by at least seven per cent...Wed 12 Jun 2013 16:31:5640012486http://www.paystream.co.uk/Umbrella-company-news/IT-vacancies-experience-sustained-increase.aspx?aid=801598170&cid=438036712The advertisement of jobs in the IT sector has risen to almost pre-recession numbers. Umbrella company contractors will be pleased to hear that the increase in IT jobs currently being advertised withi...Wed 12 Jun 2013 00:00:00801598170http://www.paystream.co.uk/Agency-legislation-news/New-crack-unit-for-IR35-compliance.aspx?aid=40012440&cid=438036714A new crack unit has been announced to improve IR35 compliance among UK contractors. HM Revenue & Customs (HMRC) has announced there will be a fourth investigatory team created in Bradford, joini...Mon 10 Jun 2013 16:58:0640012440http://www.paystream.co.uk/Umbrella-company-news/Miliband-draws-on-umbrella-contractor-myth.aspx?aid=40012420&cid=438036712Labour leader Ed Miliband has been accused of wrongly drawing on a common umbrella contractor myth in his recent speech on welfare. The Recruitment and Employment Confederation (REC) claims Mr Miliba...Mon 10 Jun 2013 10:30:0040012420http://www.paystream.co.uk/Limited-company-news/Contractor-demand-rises-again.aspx?aid=801597104&cid=438036713Demand for contractors using recruitment agencies rose again last month after a sharp fall in April, according to the latest report from the Recruitment and Employment Confederation (REC) and KPMG.Bil...Mon 10 Jun 2013 00:00:00801597104http://www.paystream.co.uk/Limited-company-news/Signs-of-life-in-UK-job-market.aspx?aid=801596749&cid=438036713A new study has identified signs of life in the UK job market that will benefit limited company and umbrella contractors.The latest Reed Job Index shows that the job market is at its healthiest since ...Mon 10 Jun 2013 00:00:00801596749http://www.paystream.co.uk/Limited-company-news/Skill-shortage-pushes-up-oil-and-gas-pay.aspx?aid=801596229&cid=438036713Average pay in the oil and gas industry has risen again this year, according to Hays, as the acute skills shortage puts specialist skills at a premium.Hays' Oil and Gas Global Job Index shows that the...Fri 07 Jun 2013 00:00:00801596229http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-common-sense-needed.aspx?aid=40012405&cid=438036712A common sense approach to regulation on behalf of the government will be essential to ensure umbrella company success, according to the British Chambers of Commerce. Commenting on the announcement o...Thu 06 Jun 2013 16:10:0540012405http://www.paystream.co.uk/Umbrella-company-news/IR35-compliance-clarity-needed.aspx?aid=40012404&cid=438036712Temporary workers need greater clarity on IR35 compliance and tax avoidance, according one expert. Writing for Contractor UK, Adrian Marlowe, chairman of the Association of Recruitment Consultancies,...Thu 06 Jun 2013 16:02:5340012404http://www.paystream.co.uk/Limited-company-news/UK-could-see-youth-contractor-boom.aspx?aid=801595697&cid=438036713The UK could be moving towards a new generation of self-employed workers and limited company contractors, a new report shows.Research from the Prince's Trust found that three out of ten young people w...Thu 06 Jun 2013 00:00:00801595697http://www.paystream.co.uk/Umbrella-company-news/FLS-Will-umbrella-service-demand-rise.aspx?aid=40012387&cid=438036712More and more contractors could turn to an umbrella service in the future, as figures show lending to businesses isn't increasing. The Bank of England revealed that 13 banks actually reduced their le...Wed 05 Jun 2013 12:47:2040012387http://www.paystream.co.uk/Limited-company-news/Projects-not-pay-motivates-IT-professionals.aspx?aid=801595016&cid=438036713IT professionals are motivated more by how interesting their projects are than the remuneration on offer, according to new research, which could explain why so many take the decision to work under IT ...Wed 05 Jun 2013 00:00:00801595016http://www.paystream.co.uk/Limited-company-news/Contractors-could-lose-91k-in-pensions.aspx?aid=801594557&cid=438036713Limited company contractors could be losing £91,000 from their pensions because they do not enjoy employer contributions, new figures show.New research from Prudential shows that every year workers ea...Wed 05 Jun 2013 00:00:00801594557http://www.paystream.co.uk/Agency-legislation-news/IR35-compliance-targets-intermediaries.aspx?aid=40012375&cid=438036714Offshore employment intermediaries are to become the next targets of the government's attempt to ensure greater IR35 compliance. Chief secretary to the Treasury, Danny Alexander, announced that in li...Tue 04 Jun 2013 15:06:0340012375http://www.paystream.co.uk/Limited-company-news/FMB-Limited-company-support-vital.aspx?aid=40012357&cid=438036713Limited company financial support is vital if the Green Deal is to succeed, according to the Federation of Master Builders (FMB). Following the release of statistics from the Department for Energy an...Tue 04 Jun 2013 10:00:0040012357http://www.paystream.co.uk/Limited-company-news/Limited-company-social-media-revolution.aspx?aid=40012356&cid=438036713Limited companies in the UK will no doubt have found themselves swept up in the UK's social media revolution. However, it isn't just consumers that are the targets of business activity on sites like ...Tue 04 Jun 2013 10:00:0040012356http://www.paystream.co.uk/Limited-company-news/Engineering-demand-not-slowing-down.aspx?aid=801594549&cid=438036713Limited company and umbrella contractors in the engineering sector are still enjoying particularly strong demand, according the Association of Professional Staffing Companies (APSCo).APSCo's latest ma...Tue 04 Jun 2013 00:00:00801594549http://www.paystream.co.uk/Umbrella-company-news/Construction-umbrella-company-boost.aspx?aid=40012352&cid=438036712More and more construction workers could find themselves under the wing of an umbrella company, following news that jobs in the sector are continuing to come under threat. Figures from the TUC reveal...Mon 03 Jun 2013 10:13:4640012352http://www.paystream.co.uk/Limited-company-news/Skills-shortage-genuine-worry-for-oil-and-gas-sector.aspx?aid=801593611&cid=438036713A serious shortage of young engineering talent is “genuinely worrying” for the oil and gas industry, according to the HR director of engineering firm Subsea 7.Speaking to HR Magazine, Stev...Mon 03 Jun 2013 00:00:00801593611http://www.paystream.co.uk/Umbrella-company-news/Will-umbrella-company-loan-woes-continue.aspx?aid=40012334&cid=438036712As small to medium-sized enterprises (SMEs) and limited company contractors continue to struggle to gain finance, questions may arise about why. The Forum of Private Business (FPB) believes it is uns...Fri 31 May 2013 09:04:5040012334http://www.paystream.co.uk/Limited-company-news/Public-sector-needs-to-make-better-use-of-contractors.aspx?aid=801592803&cid=438036713The public sector needs to use flexible workers in more innovative ways, according to the Recruitment and Employment Confederation (REC).Although hospital staffing and pressure on accident and emergen...Fri 31 May 2013 00:00:00801592803http://www.paystream.co.uk/Limited-company-news/Limited-company-financial-lows.aspx?aid=40012311&cid=438036713Small to medium-sized enterprises (SMEs) and limited company contractors are turning further away from external sources of finance. According the SME Finance Monitor from the British Chambers of Comm...Thu 30 May 2013 08:51:4340012311http://www.paystream.co.uk/Limited-company-news/Micro-businesses-at-risk-from-underinsurance.aspx?aid=801592109&cid=438036713Limited company contractors could be among the large proportion of micro-businesses at risk from underinsurance in the UK.Lloyds TSB Insurance's Big Issues for Small Businesses report shows that nearl...Thu 30 May 2013 00:00:00801592109http://www.paystream.co.uk/Limited-company-news/Young-limited-company-contractors-rising.aspx?aid=40012296&cid=438036713There could soon be a rise in the number of limited company contractors as more and more young people are looking to start their own business. New research from the Prince's Trust and Royal Bank of S...Wed 29 May 2013 08:54:0440012296http://www.paystream.co.uk/Limited-company-news/Engineering-and-IT-still-among-worlds-most-highly-sought-skills.aspx?aid=801591823&cid=438036713Engineers and IT professionals are still among the most in-demand workers in the world, a new study shows.ManpowerGroup's Annual Talent Shortage Survey shows that engineers are the second most highly ...Wed 29 May 2013 00:00:00801591823http://www.paystream.co.uk/Limited-company-news/Limited-company-demand-growing.aspx?aid=40012273&cid=438036713It seems the demand for online limited company contractors is growing. According to a survey from the online freelance project website, Elance, 74 per cent of companies said they are planning to hire...Tue 28 May 2013 08:58:1240012273http://www.paystream.co.uk/Limited-company-news/Construction-firm-credit-schemes-helps-200-firms.aspx?aid=801591139&cid=438036713A government scheme to help small construction firms gain access to credit has already helped 200 small firms, sole traders and limited company contractors.The extension of the Enterprise Finance Guar...Tue 28 May 2013 00:00:00801591139http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-recruitment-rise.aspx?aid=40012241&cid=438036712Contractors within an umbrella company could see more work coming their way in the coming months. According to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC), b...Fri 24 May 2013 08:52:5940012241http://www.paystream.co.uk/Limited-company-news/Skills-shortage-holds-back-Tech-City-growth.aspx?aid=801590498&cid=438036713London's technological heartland is being held back by a lack of skilled workers, a new report shows.Nearly one in three technology firms in Tech City believes that they could be growing faster if the...Fri 24 May 2013 00:00:00801590498http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-cyber-risk.aspx?aid=40012222&cid=438036712Cyber security has been becoming an issue for umbrella company and limited company alike. According to the Federation of Small Businesses (FSB), small to medium-sized enterprises (SMEs) are losing up...Thu 23 May 2013 08:12:5340012222http://www.paystream.co.uk/Limited-company-news/Oil-and-gas-contractor-demand-still-strong.aspx?aid=801589947&cid=438036713Limited company and umbrella contractors in the oil and gas sector are enjoy strong demand all over the world, according to new research.Hays' Oil and Gas Job Index reported further improvement in the...Thu 23 May 2013 00:00:00801589947http://www.paystream.co.uk/Limited-company-news/Limited-company-contractors-license-IT.aspx?aid=40012204&cid=438036713Limited company contractors and small businesses could benefit financially from using licensed software. A new study from BSA the Software Alliance and the leading business school, INSEAD, titled Com...Wed 22 May 2013 08:09:5140012204http://www.paystream.co.uk/Limited-company-news/CBI-president-avoid-moral-debate-and-fix-tax-rules.aspx?aid=801588730&cid=438036713Governments should avoid turning tax into a moral debate and focus on tightening up the law, says the president of the Confederation of British Industry (CBI).Rather than scoring points by criticising...Wed 22 May 2013 00:00:00801588730http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-potential-contracts.aspx?aid=40012186&cid=438036712The government has released details of new contracts to be procured. It hopes that businesses of all sizes will be encouraged to bid on these public contracts. This is part of a plan to make pub...Tue 21 May 2013 08:18:3040012186http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-public-procurement-aided.aspx?aid=40012177&cid=438036712It seems that the government is hearing calls from small to medium-sized enterprises (SMEs) to help them procure public contracts. The Cabinet Office has released a series of videos offering advice t...Mon 20 May 2013 09:17:3040012177http://www.paystream.co.uk/Limited-company-news/CBI-SMEs-should-look-at-alternative-finance.aspx?aid=801587570&cid=438036713Small businesses, including limited company contractors who might be considering taking on an employee, are being encouraged to think about alternatives to banks when they are seeking finance.The Conf...Mon 20 May 2013 00:00:00801587570http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-employment-fears-quashed.aspx?aid=40012159&cid=438036712Employment statistics may not look promising at the moment but industry officials are still optimistic for the rest of the year. Commenting on the latest figures from the Office for National Statisti...Fri 17 May 2013 08:16:5040012159http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-growth-plan-welcomed.aspx?aid=40012146&cid=438036712The support for small to medium-sized enterprises (SMEs) outlined in the Young report are crucial to economic growth, according to the British Chambers of Commerce (BCC). It welcomed the plans outlin...Thu 16 May 2013 08:24:2140012146http://www.paystream.co.uk/Limited-company-news/IT-contractor-demand-still-rising.aspx?aid=801586382&cid=438036713Limited company and umbrella contractors in the IT and engineering industries are still particularly highly sought after, new research shows.Skills shortages highlighted in the latest Hays Journal hav...Thu 16 May 2013 00:00:00801586382http://www.paystream.co.uk/Limited-company-news/HMRC-coming-after-tax-cheats.aspx?aid=801586011&cid=438036713HMRC has confirmed that it is investigating hundreds of accountants, lawyers and advisors after a data leak showed that they could be hiding assets offshore to help their clients evade the taxman.The ...Thu 16 May 2013 00:00:00801586011http://www.paystream.co.uk/Umbrella-company-news/Innovative-umbrella-company-funding.aspx?aid=40012118&cid=438036712Businesses with innovative ideas could be able to get government funding. The Technology Strategy Board has set aside £440 million to help innovative businesses, which in turn could encourage growth ...Wed 15 May 2013 08:10:3940012118http://www.paystream.co.uk/Limited-company-news/Fewer-contractors-but-more-flexible-hours.aspx?aid=801585918&cid=438036713The number of self-employed workers in the UK fell in the last quarter, new figures show, but they were making the most of being able to choose flexible working hours.Over the past last three months, ...Wed 15 May 2013 00:00:00801585918http://www.paystream.co.uk/Umbrella-company-news/HMRC-names-and-shames-more-defaulters.aspx?aid=801585383&cid=438036712A recruitment agency and umbrella company are among the firms described as “deliberate defaulters” in HMRC's latest list.Recruiter Alexander Black, formerly of Knightsbridge in central Lon...Wed 15 May 2013 00:00:00801585383http://www.paystream.co.uk/Umbrella-company-news/High-competition-for-umbrella-company-jobs.aspx?aid=40012109&cid=438036712Although the employment market is on the rise, the competition for job vacancies is high. A new report from the Chartered Institute of Personal Development (CIPD) has revealed that there are 45 appli...Tue 14 May 2013 08:41:2640012109http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-patent-bill.aspx?aid=40012093&cid=438036712Companies may soon be better to placed to protect their business ideas if a new bill gets put through. The Intellectual Property bill, which has been tabled by Intellectual Property minister Lord You...Mon 13 May 2013 09:05:1040012093http://www.paystream.co.uk/Limited-company-news/Lord-Young-supports-limited-companies-looking-to-grow.aspx?aid=801584634&cid=438036713Limited company contractors considering taking on another employee could find the process becoming simpler, after Lord Young's report on business growth recommended further support.The former Cabinet ...Mon 13 May 2013 00:00:00801584634http://www.paystream.co.uk/Limited-company-news/National-Insurance-holiday-ceases-to-impress-business.aspx?aid=801584116&cid=438036713Uptake of the National Insurance holiday launched by the government two years ago has slumped, a new study has shown.Just 400 businesses and limited company contractors applied for the scheme in Decem...Mon 13 May 2013 00:00:00801584116http://www.paystream.co.uk/Umbrella-company-news/BCC-wants-umbrella-company-deregulation.aspx?aid=40012075&cid=438036712The British Chambers of Commerce (BCC) is calling for more deregulation to aid businesses in driving an economic recovery. Chief economist at the BCC, David Kern, said that 'the government must perse...Fri 10 May 2013 08:57:4540012075http://www.paystream.co.uk/Limited-company-news/NHS-to-favour-IT-contractors.aspx?aid=801584031&cid=438036713Two out of three NHS trusts plan to hire contractors to work on their upcoming IT projects, a new survey shows.A study by recruiter Twenty Recruitment found that 65 per cent of the trusts surveyed wer...Fri 10 May 2013 00:00:00801584031http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-tax-cut-reaction.aspx?aid=40012056&cid=438036712Small to medium-sized enterprises (SMEs) across the country will have welcomed the changes to taxes that were unveiled in the Queen's speech on May 8th. The Federation of Small Businesses (FSB) has e...Thu 09 May 2013 08:15:5440012056http://www.paystream.co.uk/Limited-company-news/Advertising-spend-hits-17bn.aspx?aid=801583237&cid=438036713Limited company contractors in the creative and marketing industries are likely to have benefited from an Olympic boost last year, as it emerged that advertising spending rose last year.UK businesses ...Thu 09 May 2013 00:00:00801583237http://www.paystream.co.uk/Limited-company-news/SMEs-and-startups-appeal-to-graduates.aspx?aid=801582909&cid=438036713Smaller businesses and startups are “missing a trick” if they do not think of graduates as a potential talent source, an online recruiter has said.Graduate director of TotalJobs Mike Fette...Thu 09 May 2013 00:00:00801582909http://www.paystream.co.uk/Umbrella-company-news/G-cloud-forces-umbrella-company-boost.aspx?aid=40012039&cid=438036712The government has been changing the way that it approaches IT services, with small to medium-sized enterprises (SMEs) placed at the forefront of the G-Cloud project. Under phase three of the G-Cloud...Wed 08 May 2013 08:50:1340012039http://www.paystream.co.uk/Limited-company-news/Self-employed-to-be-free-of-health-and-safety-rules.aspx?aid=801582819&cid=438036713Self-employed workers whose roles will have no effect on anyone else will be exempt from health and safety rules under a draft bill to be introduced this year.At the state opening of Parliament earlie...Wed 08 May 2013 00:00:00801582819http://www.paystream.co.uk/Limited-company-news/Demand-for-interim-managers-rises.aspx?aid=801582100&cid=438036713Limited company and umbrella contractors stand to benefit as demand for interim managers has risen, according to new research for the Interim Management Association.The final quarter of 2012 saw a ris...Wed 08 May 2013 00:00:00801582100http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-tech-risk-blindness.aspx?aid=40012024&cid=438036712Small to medium-sized enterprises (SMEs) are failing to react well to the security issues surrounding emerging technologies, according to a report from the Economist Intelligence Unit (EIU). The repo...Tue 07 May 2013 08:11:3940012024http://www.paystream.co.uk/Umbrella-company-news/Good-practice-charter-for-umbrella-companies.aspx?aid=801582083&cid=438036712Umbrella companies have been given the opportunity to sign up to a charter of good practice.‘All umbrella companies are equal' is inviting all UK umbrella companies to adhere to the “Strai...Tue 07 May 2013 00:00:00801582083http://www.paystream.co.uk/Agency-legislation-news/Creative-freelancers-to-fight-workplace-bullying.aspx?aid=801581918&cid=438036714Freelancers and limited company contractors in the creative industries will take part in a campaign against bullying in the workplace.Aimed particularly at the broadcasting industry, the Federation of...Tue 07 May 2013 00:00:00801581918http://www.paystream.co.uk/Limited-company-news/Limited-company-penalties-started.aspx?aid=40012012&cid=438036713Contractors that still have not sent in their self assessment forms to HM Revenue and Customs (HMRC) will now see their penalties getting increased. Since May 1st, HMRC has been charging people who h...Fri 03 May 2013 08:23:5140012012http://www.paystream.co.uk/Umbrella-company-news/One-million-umbrella-company-RTI-schemes.aspx?aid=40012011&cid=438036712While there were concerns that Real Time Information (RTI) was going to be a problem for businesses to implement it seems they have picked it up pretty quickly. HM Revenue and Customs (HMRC) report...Fri 03 May 2013 08:21:5040012011http://www.paystream.co.uk/Limited-company-news/Tax-transparency-for-Overseas-Territories-and-Crown-Dependencies.aspx?aid=801581095&cid=438036713Every British Overseas Territory and Crown Dependency which hosts a large financial centre has signed up to a governmental tax transparency strategy.The British Virgin Islands, Anguilla, Bermuda, Mont...Fri 03 May 2013 00:00:00801581095http://www.paystream.co.uk/Limited-company-news/Contractors-amassing-bigger-debts.aspx?aid=801580904&cid=438036713Self-employed workers including limited company contractors are more likely to find themselves in worse debt than employees, a debt advisory charity has said.According to StepChange, more than 16,000 ...Fri 03 May 2013 00:00:00801580904http://www.paystream.co.uk/Umbrella-company-news/BCC-doubt-umbrella-company-lending.aspx?aid=40011997&cid=438036712Following the release of the Bank of England's figures on lending, the British Chambers of Commerce (BCC) has spoken about the increase that small to medium-sized enterprises (SMEs) have received. But...Thu 02 May 2013 08:18:3040011997http://www.paystream.co.uk/Umbrella-company-news/Lack-of-umbrella-company-funding-knowledge.aspx?aid=40011996&cid=438036712While many companies say that they are struggling to get the money together to keep their business running, it seems a lot of them are also unaware of the funding that's already available to them. ...Thu 02 May 2013 08:17:0740011996http://www.paystream.co.uk/Limited-company-news/Request-backlog-for-annual-PAYE.aspx?aid=801580896&cid=438036713Limited company contractors and small businesses have contributed to a backlog at HMRC, which is receiving high volumes of requests to be taxed annually under the pay as you earn (PAYE) system.HMRC ha...Thu 02 May 2013 00:00:00801580896http://www.paystream.co.uk/Limited-company-news/Manufacturing-stabilises-as-exports-rise.aspx?aid=801580259&cid=438036713Limited company contractors in the manufacturing industry will benefit from signs that the sector is stabilising, after figures showed that new orders and production both rose last month after two mon...Thu 02 May 2013 00:00:00801580259http://www.paystream.co.uk/Limited-company-news/Limited-company-funding-struggle-continues.aspx?aid=40011982&cid=438036713Entrepreneurs are continuing to question where they can get their funding, according to a new study by Amigo Loans. It found that, while nearly half of British people want to set up their own busines...Wed 01 May 2013 08:12:1240011982http://www.paystream.co.uk/Limited-company-news/IT-security-limited-company-wage-boom.aspx?aid=40011981&cid=438036713In the future, contractors who specialise in IT security could see their wages increase to that of footballers salaries. This prediction came from Eugene Kaspersky, who founded the anti-malware compa...Wed 01 May 2013 08:10:3140011981http://www.paystream.co.uk/Limited-company-news/Repeal-BN66-MPs-ask-chancellor.aspx?aid=801580245&cid=438036713A group of 18 MPs from five different parties have asked the chancellor to repeal the controversial BN66 legislation.In a joint letter to George Osborne, the representatives urge that Section 58(4) of...Wed 01 May 2013 00:00:00801580245http://www.paystream.co.uk/Umbrella-company-news/New-umbrella-company-employment-rules.aspx?aid=40011967&cid=438036712On April 25th, a new act was passed that is set to change employment regulations in businesses. The Enterprise and Regulatory Reform Act has outlined changes to align directors pay with company perfo...Tue 30 Apr 2013 08:19:2440011967http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-LD-hinderance.aspx?aid=40011966&cid=438036712Companies may be standing in the way of innovation with some of their Learning and Development (L&D) schemes. A report from CIPD, which surveyed 700 people with varying approaches to innovation, ...Tue 30 Apr 2013 08:10:0240011966http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-e-commerce-surge.aspx?aid=40011957&cid=438036712E-commerce experts are becoming more and more in demand in small business. In a survey from Freelancer.co.uk it was revealed that hiring people to build e-commerce sites in small businesses went up b...Mon 29 Apr 2013 08:50:3540011957http://www.paystream.co.uk/Limited-company-news/Alternative-Dispute-Resolution-service-a-success.aspx?aid=801578080&cid=438036713The new Alternative Dispute Resolution (ADR) service for settling disagreements over tax payments has been largely successful, according to HMRC.Under ADR, individuals and small businesses including l...Mon 29 Apr 2013 00:00:00801578080http://www.paystream.co.uk/Limited-company-news/E-learning-opportunities-pass-employees-by.aspx?aid=801578015&cid=438036713Companies may be starting to use e-learning in the workplace but staff have yet to make the most of it, new research shows.Three-quarters of employers are using e-learning as part of their training pr...Mon 29 Apr 2013 00:00:00801578015http://www.paystream.co.uk/Limited-company-news/Limited-company-hiring-still-on-the-up.aspx?aid=40011946&cid=438036713Even amid fears that the economy could have dropped into a triple dip recession, companies are still planning to gain more temporary workers. A report from the Recruitment and Employment Confederatio...Fri 26 Apr 2013 08:10:2940011946http://www.paystream.co.uk/Limited-company-news/Finance-IT-contractor-hiring-to-fall.aspx?aid=801577899&cid=438036713Demand for both limited company and umbrella contractors in the financial IT sector is likely to decline in the next few months, a new report shows.According to the Finance IT employment outlook from ...Fri 26 Apr 2013 00:00:00801577899http://www.paystream.co.uk/Limited-company-news/Ease-lending-conditions-and-confidence-businesses-urge.aspx?aid=801577803&cid=438036713The government needs to go further to make finance more accessible for small businesses, according to the Birmingham Chamber of Commerce (BCC).Though Westminster's decision to extend the Funding for L...Fri 26 Apr 2013 00:00:00801577803http://www.paystream.co.uk/Limited-company-news/Cyber-umbrella-company-growth-sought.aspx?aid=40011925&cid=438036713The government is looking at ways to boost growth for small to medium-sized enterprises (SMEs) in the cyber security sector. It has launched a Cyber Growth Partnership, which is looking at ways that ...Thu 25 Apr 2013 08:22:3640011925http://www.paystream.co.uk/Limited-company-news/Isle-of-Man-tax-evasion-wildly-overestimated.aspx?aid=801577158&cid=438036713Estimates that tax evaders could owe £1 billion funds held in the crown protectorates are “wildly overestimated”, according to the Isle of Man finance minister.Eddie Teare said that he exp...Thu 25 Apr 2013 00:00:00801577158http://www.paystream.co.uk/Limited-company-news/Nesta-launches-plan-to-boost-creative-industries.aspx?aid=801576454&cid=438036713Innovation charity Nesta has launched a ten-point plan to boost the UK's fast growing creative sector by embracing digital technology.More people are employed in the creative economy than financial se...Thu 25 Apr 2013 00:00:00801576454http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-lending-extended.aspx?aid=40011910&cid=438036712Small to medium-sized enterprises (SMEs) may gain more help with finance as the Funding for Lending Scheme (FLS) is due to be extended. This scheme was set up to help SMEs gain cheaper loans and to a...Wed 24 Apr 2013 08:07:4740011910http://www.paystream.co.uk/Limited-company-news/Contractor-demand-rises-in-Scotland.aspx?aid=801576452&cid=438036713Demand for limited company and umbrella contractors in Scotland rose for the ninth month in a row in March, new figures show.Bank of Scotland's Report on Jobs showed that billings for contract workers...Wed 24 Apr 2013 00:00:00801576452http://www.paystream.co.uk/Limited-company-news/HMRC-webinars-to-support-employers.aspx?aid=801575517&cid=438036713HMRC has opened a new programme of online support for employers, involving a series of webinars on the different aspects of tax compliance for business.Limited company contractors and other business o...Wed 24 Apr 2013 00:00:00801575517http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-late-payments-tackled.aspx?aid=40011894&cid=438036712To protect their cash flow against late payments, small to medium-sized enterprises (SMEs) are cutting off their work and services. A survey from Hilton-Baird found that 54 per cent of businesses did...Tue 23 Apr 2013 08:10:5340011894http://www.paystream.co.uk/Limited-company-news/Contractors-at-risk-of-cyber-attacks.aspx?aid=801575515&cid=438036713More small businesses and limited company contractors than ever before are at risk from cyber attacks, according to new government figures.Research for the Department of Business, Innovation and Skill...Tue 23 Apr 2013 00:00:00801575515http://www.paystream.co.uk/Limited-company-news/Demand-for-interim-managers-rises.aspx?aid=801575511&cid=438036713Limited company and umbrella contractors stand to benefit as demand for interim managers has risen, according to new research for the Interim Management Association.The final quarter of 2012 saw a ris...Tue 23 Apr 2013 00:00:00801575511http://www.paystream.co.uk/Limited-company-news/HMRC-can-access-limited-company-tax-advice.aspx?aid=40011882&cid=438036713Contractors often go to accountants for much needed advice on tax, such as IR35, but they should be aware that HM Revenue and Customs (HMRC) can get hold of this. The Law Place pointed out that, unde...Mon 22 Apr 2013 08:50:1340011882http://www.paystream.co.uk/Limited-company-news/Limited-company-contractors-penalised.aspx?aid=40011881&cid=438036713Contractors who were late filing their tax returns should get this done before May 1st if they don't want to get higher penalties from HM Revenue and Customs (HMRC). Self assessment forms should have...Mon 22 Apr 2013 08:48:2640011881http://www.paystream.co.uk/Umbrella-company-news/Umbrella-companies-offered-good-practice-charter.aspx?aid=801575262&cid=438036712Umbrella companies will this week be given the opportunity to sign up to a charter of good practice.‘All Umbrella Companies Are Equal' is inviting all UK umbrella companies to adhere to the &ldq...Mon 22 Apr 2013 00:00:00801575262http://www.paystream.co.uk/Umbrella-company-news/Umbrella-company-patent-processing-sped-up.aspx?aid=40011869&cid=438036712Business start-ups may soon be able to get their patents processed in less than 90 days. The minister for intellectual property, Lord Younger, is currently holding an eight week consultation to discu...Fri 19 Apr 2013 08:12:0440011869