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.
When the Government introduced the Coronavirus Job Retention Scheme (CJRS) the country breathed a sigh of relief. However it was short lived for our umbrella employees because once we had all digested the guidance, it was clear that the Government hadn’t fully considered the way in which an umbrella employee works, and more specifically how the definition of regular salary should be interpreted for such an employee.
In this article we look at the challenges around furlough for umbrella employees. In particular the frustration and confusion created by differing opinions as to whether furlough pay is calculated on gross pay or basic pay.
In this article we take a look at the question that is proving so controversial: how do you calculate furlough pay for umbrella workers? But before we go into the legal technicalities we think it is important to say that this could be cleared up in a minute if the Government were to say; “for umbrella companies it works in this way.”