This week some commentators picked up on the drafting flaw and published articles warning against the use of umbrella companies unless tax was deducted before paying the umbrella company. This seemed counterintuitive to us since one of the benefits to agencies and contractors (and HMRC) of using umbrella companies is the assurance that the correct levels of tax are paid.
Finding and winning contract work is a whole different story to finding and winning a permanent job. Contractors often get just one opportunity to impress as they are usually hired after just one interview. This article will give you our top tips for winning that contract.
With the furlough scheme due to end in October the country was waiting to hear what new proposals the Chancellor had planned to help industry and business through the continuing COVID-19 pandemic. This came in the form of the Winter Economy Plan. Further details of the measures announced are still to be published or clarified. In this article we provide a summary of what we learned.
We’re thrilled to announce that PayStream has been shortlisted in 3 categories at The Contracting Awards 2020, including: Best Umbrella Company, Best Contractor Accountancy and Best Contractor Innovation for our groundbreaking IR35 Comply review service.
At PayStream, we have roughly 20 team members working within our payroll department, from trainees right up to well established and experienced Payroll Seniors. To mark National Payroll Week 2020, we asked our Payroll Manager a series of questions to understand the huge impact their work does for not only our contractors but the agencies we partner with.
Each month we highlight key points which are taken from REC's Jobs Outlook Survey to bring you the latest contractor market trends. In August's edition, there are a couple of surprises, which can only be good for the contractor market. Is your sector in demand?
When you die, the assets that you leave behind are known as your estate – things like your possessions, savings and investments, and property. If your estate is valued above a certain threshold, IHT may be charged on it. The normal rate of inheritance tax is 40% in 2020. Have you planned for the current tax year?
Each month we highlight key points which are taken from REC's Jobs Outlook Survey to bring you the latest contractor market trends. In July's edition, there are a couple of surprises, which can only be good for the contractor market. Is your sector in demand?