Workforce Matters

Next year’s state pension increase is pretty much confirmed but calls to hike tax thresholds will get louder, writes Craig Rickman, from Interactive Investor. UK inflation has finally eased below the Bank of England’s 2% target, a significant milestone in the country’s long-running battle to keep price rises in check....

As we approach the next Budget, there is mounting speculation that we may see a rise in Employer’s National Insurance Contributions (NICs). For some, this may seem like just a small rise to a tax on business  under the new government, but for those of us who work with umbrella...

In an ever-evolving world of payroll compliance, Freelancer & Contractor Services Association (FCSA) has introduced Diligence Hub — a secure, cloud-based platform designed to streamline the due diligence process for both recruiters and umbrella companies. As new legislation and regulatory frameworks reshape the industry, Diligence Hub is an essential tool...

The global freelance market is expected to reach $13.92 billion by 2028, indicating a potential increase in demand for umbrella company services. Umbrella companies play a vital role in managing complex administrative and financial tasks for self-employed contractors, particularly considering legislative changes like IR35. These companies face numerous challenges in...