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Britain excels at being business friendly

31 October 2014

A new ranking of the most business friendly countries has placed Britain as one of the top ten nations. According to the "Doing Business 2015: Going Beyond Efficiency" report produced by the World Bank Group, the UK was joined by the likes of Hong Kong, Norway, Singapore and China. There are numerous factors that go towards making a country the per......


HMRC drops Business Entity Tests

31 October 2014

HM Revenue & Customs (HMRC) have announced that the Business Entity Tests used to establish whether individuals fall inside IR35 will be dropped from the beginning of the next financial year. Suggesting that the tests are “used very little” and that they are not “fulfilling their intended purpose”, the tax authority will withdraw them from April 6th, 2015. The Business Entity Tests invo......


Recruitment sector resurges thanks to contactors

30 October 2014

New results show that the recruitment sector has resurged and surpassed pre-recession levels of revenue. The 2013/14 financial year saw the sector take a record £28.7 billion according to the Recruitment and Employment Confederation (REC). In the financial year 2012/13, the industry saw revenue of £26.5 billion. This rose by 8.2 per cent last year, exceeding the previous record of £27 billi......


Big data skills needed in abundance

30 October 2014

Contractors looking for the next area to gain new skills in might be interested to hear that many companies are longing for experienced experts in Big Data. A study by EMC Corporation found that many organisations feel they are being hindered because they don’t have the experience to leverage Big Data to their advantage. In new results, three fift......


Late payment to be addressed by Labour

29 October 2014

Many small businesses and self-employed workers are affected by late payments, with outstanding invoices creating hurdles and cash flow problems for growing firms. With this in mind, Labour has said that they will tackle this issue if they win the general election next year. Speaking on the matter, party officials said that the Small Business Ente......


Tax return reminder issued by HMRC

29 October 2014

HM Revenue & Customs (HMRC) have issued a reminder to individuals who need to fill out and submit self-assessment forms. Although the deadline for online copies isn’t until January 31st, 2015, the paper submission deadline is quickly approaching, with forms needing to be with the tax authority by October 31st. If this isn’t achieved, individuals will face a £100 fine. Whilst many peopl......


Women more likely to remain in low-paid jobs

28 October 2014

As news reveals that the number of people in low-income jobs has risen, a report shows that women are 50 per cent more likely than men to still be in a low-paid role after a decade. The Chartered Institute of Personnel and Development (CIPD), alongside the John Lewis Partnership, said that being low-paid is defined as earning less than 20 per cent more than Britain’s national minimum wage. ......


Britain’s low-paid workers now total five million

28 October 2014

A new study has shown that Britain has approximately five million workers in what are classified as low-paying jobs. Despite more people being in work than ever before, the Resolution Foundation’s Low Pay Britain 2014 report showed that many people were earning just £7.69 per hour. The foundation's study of Britain’s wor......


Christmas period could be troublesome due to lack of skills

27 October 2014

It has been suggested that the ongoing skills shortage could result in problems this Christmas season. The Recruitment and Employment Confederation (REC) said that many firms expect to take on additional staff for the festive period. However, finding the right talent, particularly drivers, is proving hard, and this means that some businesses will be ......


Female employees to get better government support

27 October 2014

It has been revealed that the British government are aiming to better support women in the workplace. With a view to aiding female workers, Chancellor of Exchequer George Osborne visited a number of companies to learn more about the challenge of keeping women in roles. One of the major concerns for many families is childcare, with parents needing ......


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