All the latest contracting news and information can be found below.
There were no big surprises in Alistair Darling's 2008 budget announcement. Be that as it may that much of the budget may appear quite ordinary, there are still many schemes and allowances, which contractors can benefit from.
20/20 vision: What does this mean? Well, To have 20/20 vision means that when you stand 20 feet away from the chart you can see what the "normal" human being can see. The majority of people in the UK can see what you see at 20 feet - in metric, the standard is 6 meters and it's called 6/6 vision.
HM Revenue & Customs (HMRC) recently announced that they would be targeting umbrella companies hard and fast if they were not fully compliant with the HMRC!
In recent months a number of big British firms have announced they are bringing call centres back to the UK!
Viral marketing is a popular marketing trend, which facilitates and encourages people to pass along a marketing message. Word of mouth, but electronically! A classic example of this, are the social networking sites such as Facebook, Myspace and YouTube to produce increases in brand awareness or promote new products.
Increasing petrol prices, the hole in the ozone layer and global warming! This is becoming the common topic of discussion, whether at work, home and the houses of parliament. The Government are encouraging more and more for us to use environmentally friendly modes of transport. So why cycle to work?
The term 'credit crunch' we hear everyday. This refers to the sudden scarcity of cheap capital for loans or a sudden increase in the cost of obtaining a loan from the banks and putting a massive dent in the UK economy.
Tarpon’s arrival has marked the beginning of a new age in a market that is fast becoming little more than a glorified "payroll department".
Things in life are rarely simple. When they are, it can be liberating. But when HMRC promise simplicity, it's only natural to raise a sceptical eyebrow, smile at the irony and wonder how you square a circle...
Independent research commissioned by Tarpon Ltd has revealed that over half of all UK contractors who independently manage their finances or use accountants, are potentially leaving themselves vulnerable to investigation through misunderstanding the complexities of taxation implications and accountability boundaries...
Service companies offering high return, high risk solutions have hit troubled times with some even going into liquidation or administration. As a result, contractors are looking for greater reassurance from those entrusted with their livelihood, more so than ever before...
The recent landmark ruling allowing HM Revenue & Customs (HMRC) to investigate Barclay's offshore customers' bank accounts is another clear indication of the government's increasing scrutiny of tax evasion. Officials will now be able to search the records for information on UK-domiciled individuals who have not declared income on money kept in offshore centres such as the Channel Islands. And although Barclays was the bank involved in this case, HMRC is now expected to seek similar rulings concerning other financial institutions.
During the pre-budget statement delivered yesterday (6th Dec 2007), in the House of Commons, it was made clear that the Chancellor of the Exchequer was looking to clamp down on all managed service companies that offer composite schemes. Whilst this is good news for Tarpon and its employees, managed service companies that operate composite schemes were at the brunt of the Chancellor's attack.
To speak to one of our tax experts call 0845 643 1580.