All Umbrella Companies Are Equal are pleased to welcome Guardian (Contract Management) Ltd on board.
Still only 5 months since the initial launch of the All Umbrella Companies Are Equal site, we are pleased to announce that Guardian (Contract Management) Ltd have signed up to the "straight talking" charter.
With 32 members in place now, it is encouraging to see that there are a number of companies within the industry who are keen to work towards a common goal of 'compliance' to look after our valuable flexible workforce in the UK.
In a recent speech given by Vince Cable to the CBI, he stated that flexible British workers deserve “the greatest credit” for helping kick-start the UK’s economic recovery. In a response given by PCG chairman, Julie Stewart, she stressed;
“It’s great that the Government is finally recognising how important flexibility is to economic growth. The UK workforce has undoubtedly had to adapt over the last few years and the rise in self-employment is testament to its ability to do that. It is important, however, to acknowledge the contribution of independent professionals specifically, rather than using a broad and generic term that can be applied to a series of other non-traditional workers. Freelancers contribute £88 billion to the UK economy every year and the work that they do is so often the spark that is needed to kick start growth. It is important that this contribution is recognised individually by the Government.”
The work that All Umbrella Companies Are Equal are doing and the continued support from its members, should see companies industry help provide a safe working environment for these 'flexible' workers.
Extract taken from the HMRC website (11th September 2013) with regards to the latest crackdown on contractors involved in so-called "loan schemes". Could this see the start of more demand letters on contractors that may have used these types of schemes?
"HM Revenue & Customs (HMRC) is challenging arrangements used by contractors and other professionals to avoid tax by entering into a contract of employment with an offshore employer, while providing their services in the UK. Under these arrangements, the users receive a substantial proportion of the fees for their services in payments which are said to be loans. But HMRC does not agree that these arrangements succeed in avoiding tax.
The vast majority of UK individuals and businesses pay the tax that is due. However, there is a small minority who don’t.
This imposes an unfair burden on the honest majority and prevents money from reaching the crucial public services that need it. We want to stop people cheating the tax system and collect more of what’s owed.
The new interactive infographic gives an overview of the government’s approach to reducing tax avoidance and evasion. To find out more, use the interactive links giving specific updates - including policy announcements and consultations.
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