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?
From ensuring that your social media accounts reflect your professional image, through to building solid relationships with your clients by taking the time to truly understand their needs and wants. This article shares with you our top tips on how to build a reputation as being a contractor that clients can trust.
LinkedIn can sometimes be a maze to navigate and understand. What should your profile contain? How do you send connection requests? This article will give you some of our top tips on how to use LinkedIn to your advantage in order to build up your network effectively and seek those all important new contracts.
Turning down work can seem like an odd choice for limited company contractors, but sometimes it can actually work out better to do so. There is a skill to declining a contract offer so it doesn't have an impact on any future chance of work, this article highlights how to formally say no without causing upset.
Each month we highlight key points which are taken from REC's Jobs Outlook Survey to bring you the latest contractor market trends. There are a lot of positives this month, which could indicate the contractor market will act as a key driver in aiding the UK's economic recovery following COVID-19.
The Chancellor Rishi Sunak has opened the Treasury chequebook again and unveiled a new set of measures to "protect, support and create jobs" and get pubs and restaurants "bustling again". These include: incentives to encourage businesses to hire new staff; grants to help “green” industries; a stamp duty holiday for home buyers; a VAT reduction for the hospitality sector as well as funding discounts for those eating out.
The off payroll rules will still go ahead in 2021 after a motion to delay it a further 2 years was defeated in the House of Commons last night. This means the Finance bill will now move to the reporting phase before being passed to the House of Lords.
If you’ve had to adapt how you’re working due to COVID-19, it’s more than likely that you now find yourself working from home. This wasn’t such a big change to those who are already used to remote working, however for many of us this was, and still is, a complete new way of working.
As the world starts to adjust to what the ‘new normal’ will look like, our sector is no different. The Government is keen to get the economy restarted and we all know how important the flexible workforce is in rebuilding a strong economy. They have already announced their plans to bring furlough to a close as they are keen to get the economy restarted.