expenses-targeted-byHMRC

Contractor Expenses To Be Next Target of Treasury

Summer 2014 will see the opening salvos in a new review of the rules of taxation when it comes to subsistence and travel expenses, with both sides expected to strongly express their views on the matter. The review, announced earlier in the year during the 2014 budget, is intended to keep the promise made by […]

contractor-rates-increase

Growth of Contractor Rates at 89 Month High as Billings and Vacancies Rise

Contractor rates of pay rose sharply throughout May with pay rate growth at its highest level since December 2013. Simultaneously, contract vacancy numbers grew, as well as the agency billings, as the availability of contractors fell. The statistics were highlighted as part of the REC (Recruitment and Employment Confederation) / KPMG Report on Jobs of […]

demand-not-rising

Contractor Demand Still Not Rising Despite IT Skills Scarcity

A small blip in the growth of demand for IT contractors seems to cast doubt on the recent warnings from recruiters over skills shortages – described recently as ‘stubborn’ in the contracting sector and ‘growing’ within the permanent sector. In actual fact, scarcity still exists in Business Intelligence, SQL & .Net and Development amongst IT […]

HMRC-increase-take

A Bumper £23.9 Billion in Revenues for HMRC

Champagne corks are popping over at HMRC after their best ever year netted them a massive £23.9 billion in taxation revenues, thanks to their aggressive new approach to investigations. The figure of £23.9 billion (a combination of collections from regular taxpayers, people trying to avoid tax, and people paying too little) represents a significant rise […]