Latest News
Increase in Corporate Insolvencies
30 June, 2011
According to the credit risk analysts Graydon UK, corporate insolvencies are due to increase this year, even though business insolvencies are due to decrease 6% in the second quarter as compared with a year ago.
HMRC is watching contractor tax evasion
28 June, 2011
Many thousands of UK umbrella company contractors who have undeclared earnings in offshore savings accounts should be aware that the HMRC is on a quest to uncover them.
Fewer opportunities for contractors
20 June, 2011
In May, according to the latest Reed Job Index, UK job opportunities have dropped back for the second consecutive month.
Job creation opportunities for Umbrella Company Employees
13 June, 2011
The wind turbine manufacturer, Vestas intends to build giant turbines in Kent, which could be good news for Umbrella Company Contractors working in the renewable sector.
Retirement income in the UK
03 June, 2011
Umbrella company contractors should take this as a warning and look into the proposed flat-rate pension of around £140 per week as it will not be enough to live on when retiring.
£11,000 per annum less for a four day week
02 June, 2011
A recent survey done by Marks Sattin, a specialist financial recruitment company, showed that two thirds of accountancy and financial service professionals would give up £11,000 a year for a four-day week.
50% tax levy agreed with Switzerland
21 May, 2011
Swiss bank accounts held by Britons will be subject to a 50% withholding tax.
Employee benefit changes as of April 2011
19 May, 2011
HMRC is offering employers who have used Employee Benefit Trusts the opportunity to resolve outstanding enquiries.
Banking protocols are affecting company loans
13 May, 2011
The banking protocols that were put into place after the 2008 crisis for banks to encourage responsible lending, included rules to avoid the funding of tax avoidance schemes.
Annual Returns reminder from HMRC
11 May, 2011
The HMRC has reminded employers that they could be facing penalties if they do not get their annual returns (P35 and P14s) submitted on line before 19 May.
| Through its parent, Schuss & Co. is affiliated to the following international organisations: | |||
 |
 |
 |
 |