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Freelancers seeing rising day rates

24 July 2014

There has been good news for freelancers after it was revealed that pay rates for those working as self-employed are gaining. The latest data from the PCG showed that all current signs pointed towards increased pay in addition to more assignment availability.  The latest Freelance Confidence Index shows that although permanent workers are noting a certain amount of stagnation in their ......


Salary inflation reached record high in Scotland

24 July 2014

Working in Scotland has often provided benefits for freelancers, with many opportunities presenting themselves for those willing to move north of the border. Now, the latest data has revealed that salary inflation for the nation has hit record highs, meaning that people are earning more than ever before.  The latest Report on Jobs by the Bank of Scotland indicated that June’s Labour Ma......


Contractors become mainstream for Britain

23 July 2014

New research has shown that freelancers really are becoming mainstream in the UK, with 36 per cent of workers having worked as an agency worker, freelancer or contractor at some point in their career. Kevin Green, the chief executive of the Recruitment and Employment Confederation (REC) said: “Sometimes temporary work is looked down on as a second rate or a dead-end career choice. But if yo......


Important points about HMRC’s Benchmarking

23 July 2014

It has been revealed that HM Revenue & Customs (HMRC) will roll out their Benchmarking onto contractors. Having trialled it in several sectors since April 2014, HMRC’s new system might cause concerns for many self-employed workers, with those who are worried urged to seek advice from professional contractor accountants. The idea behind HMRC’s scheme is to increase voluntary compliance fr......


Contractors to benefit from older worker trend

22 July 2014

It has been revealed that the changing trend of businesses to capitalise on older workers will likely have a beneficial effect for those who are self-employed. In such cases, freelancers can optimise their production and assignment bidding performance by utilising skilled contractor accountants to ensure their books are in order. In a new appointment, Dr Ros Altmann has been made business c......


Oil and gas specialist demand to rise in the US

22 July 2014

It has been reported that specialists in the oil and gas industry are likely to see rising demand from the US, particularly Texas. This is because a combination of technological advancements, higher shale activity, and unconventional resource basin operations are driving the need for non-engineering vacancies. For oil and gas professionals across the world, the news might make moving to Ameri......


House of Lords want digital contractor views

21 July 2014

The newest House of Lords Committee has published a Call for Evidence document as they prepare to investigate the country’s competitiveness in the digital sector. The publication sets out how interested parties, particularly a contractor accountant or someone in a similar field, can make a great contribution to the investigation. The information will be used to ensure Britain’s digital sector......


Tax schemes must be avoided, says PCG

21 July 2014

The PCG has made it clear that individuals must steer clear of tax schemes if they want to avoid future investigation by HM Revenue & Customs (HMRC). There are many initiatives that can help people avoid paying their full tax dues. However, although some of these might be legal, the organisation has advised sole traders, contractors and limited companies to stay away. As part of the cur......


Six-year low noted for unemployment rates

18 July 2014

The latest figures have shown that Britain’s unemployment rate has fallen to a six-year low. In official data released by the Office for National Statistics (ONS), the three months to May 2014 saw the number of people without work fall to 2.12 million. Overall, 30.64 million people were in work during March, April and May; this is a rise of 254,000 on data reported for the quarter between Dec......


High compliance costs for contractors

18 July 2014

It has been reported that contractors and those who are self-employed are increasingly seeing gaining costs for compliance. Despite officials in the government saying they’d be making efforts to reduce the money and time spend on legislation, the Forum of Private Business (FPB) said the levels had risen more than the inflation rate to £713. Chief executive of the FPB, Phil Orford, explained......


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