Search Results for: government

Half of self-employed people do not know what IR35 is

Half of self-employed people do not know what IR35 is

New research from FreeAgent conducted with 2000 self employed people in the UK, claims that more than half (57 percent) don’t know what IR35 is. The sets of tax legislation encompassed by IR35, designed to combat tax avoidance by workers and the firms hiring them, is unknown to over half of the people most affected by it – the self employed. The legislation, which has been heavily criticised by tax experts and the business community as being poorly conceived, badly implemented by HMRC and causing unnecessary costs and hardships for genuine small businesses, has not been well communicated to self employed people, the research reveals. Tax experts have predicted that IR35 could reduce a worker’s net income by up to 25 percent and Chancellor of the Exchequer, Sajid Javid, recently announced the Conservative Party’s plan to review IR35 as part of its manifesto. (more…)

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

two people talking to illustrate the issue of disability inclusionA leading non-profit disability and business organisation is calling on the future Government to commit to a series of actions to support businesses to deliver on disability inclusion. Business Disability Forum published its ‘Manifesto for Inclusive Change’ today (3 December) to mark the United Nations International Day of Persons with Disabilities. The manifesto calls for action in seven areas to ensure that the role businesses play in disabled people’s lives is enhanced, not inhibited, by government policy. To read Business Disability Forum’s ‘Manifesto for Inclusive Change’ go to www.businessdisabilityforum.org.uk . Follow the debate at #DisabilitySmart. (more…)

Businesses fear that a failure to embrace automation will make them irrelevant

Businesses fear that a failure to embrace automation will make them irrelevant

Automation The majority of UK businesses fear becoming ‘irrelevant’ within the next five years through failing to make a successful transition to an automated workplace. To avoid this risk, organisations need to collaborate with their workforces to embrace automation and artificial intelligence, a new report from Capita warns. The report Robot wars or automation alliances? People, technology and the future of work calls for an honest dialogue between business leaders and employees – and urgent, multi-stakeholder action to support employees in the transition to a more automated world. (more…)

Freelancer confidence is “lowest on record”

Freelancer confidence is “lowest on record”

A freelancer using a laptop

Freelancers’ confidence in the economy is the lowest on record because of their concerns about the economy, Brexit and IR35. They are, however, working more and charging higher day rates – seemingly to prepare for hard times ahead.  According to the freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed), confidence in the economy has fallen to historic lows both for the coming three months and the coming 12 months. Freelancers’ confidence in their own businesses has also dipped to a record low. (more…)

UK could receive £83 billion GDP boost by halving regional productivity gap

UK could receive £83 billion GDP boost by halving regional productivity gap

UK productivityUK GDP could be boosted by 4 percent – or £83 billion – if local areas with below-average productivity levels could make up half of the gap, according to PwC’s latest UK Economic Outlook. The report examines UK regional productivity, revealing wide variations in domestic productivity per job, as well as from an international perspective. PwC concludes that UK output per worker is around 10-15 percent behind Germany, France and Sweden and more than 30 percent behind the US. (more…)

Young people mistakenly associate self-employment with more pay and leisure time

Young people mistakenly associate self-employment with more pay and leisure time

self-employmentStudents and school-leavers see self-employment as a route to a higher income, better work-life balance and more family time and so one in five 16 to 21 year olds think they will self-employed at some point, a new analysis from the Office for National Statistics shows. However, other studies from the UK government paint a different picture with people in self-employment generally earning less and working longer hours than their employed contemporaries, but often happy to forgo the certainties of paid work for greater flexibility and control. (more…)

One in five businesses plan to drop contractors because of IR35

One in five businesses plan to drop contractors because of IR35

Companies are in danger of losing top talent due to lack of flexible working and IR35A fifth of of UK businesses say they are planning to axe contractors completely to ensure they are fully tax compliant ahead of the IR35 changes planned for next year, according to a survey from recruitment firm Harvey Nash. The 2019 Harvey Nash IR35 Sentiment Survey (registration) of 1,200 businesses and contractors claims to reveal the confusion that still reigns around IR35 legislation among both contractors and the businesses that rely on them. The findings suggest that 83 percent) of businesses believe IR35 will impact negatively on their industry. Meanwhile 60 percent of contractors say they have experienced increased anxiety, stressing or worrying about how the new rules will affect them. (more…)

Oxford and Reading are best cities in which to live and work in the UK

Oxford and Reading are best cities in which to live and work in the UK

best citiesOxford has been recognised as the top performing city in the UK to live and work for the fourth year in a row in a nationwide study carried out by PwC. The city has emerged ahead of Reading thanks to work-life balance, income, transport and skills with Bradford being crowned as the most improved city. Published today (12 November 2019), the annual Demos-PwC Good Growth for Cities 2019 sets out to show there’s more to economic well-being than just measuring GDP. The index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships (LEPs) and ten Combined Authorities, against a basket of ten factors which the public think are most important when it comes to economic well being. These include jobs, health, income and skills, as well as work-life balance, house-affordability, travel-to-work times, income equality, environment and  business start-ups. (more…)

Brexit uncertainty yet to affect UK jobs market

Brexit uncertainty yet to affect UK jobs market

BrexitMore news on the patchy effects of Brexit on the UK economy comes in the latest Labour Market Outlook from the CIPD. The report claims that Brexit uncertainty has yet to take its toll on employers’ hiring expectations, with both public and private sector employers expecting staff numbers to increase in the final quarter of 2019. There has been a surge of confidence among public sector employers on increasing both pay and staff numbers in the next quarter. Although still positive, private sector pay award expectations have decreased, narrowing the gap between the public and private sector. The forward-looking indicator surveyed 1,016 UK employers in September 2019 on their recruitment, redundancy and pay intentions. (more…)

Short term spike in absence rates but long term trend remains downward

Short term spike in absence rates but long term trend remains downward

absenceAbsence rates dues to illness or injury for UK workers rose by 7 percent in 2018 to an average of 4.4 working days according to new figures, published by the Office for National Statistics. During the full year, people took 141.4 million sick days compared with 131.5 million in 2017, when the figure reached its lowest since records began. The long term trend remains positive despite last year’s spike.The rate of absence from work due to sickness in people in the UK with no long-term health problems has halved in the past two decades according to the government data. (more…)

Cyber security remains a key tech priority for businesses

Cyber security remains a key tech priority for businesses

cyber securityOrganisations are prioritising investment in cyber security to strengthen their defences against their perceptions of a growing threat, according to a new survey of its customers to gauge their technological priorities by Softcat. According to a BBC report, 55 percent of UK firms have experienced a cyber-attack in 2019, up 15 percent compared to last year, signifying a growing threat so their fears may be well-founded. Softcat’s survey claims that 83 percent of industries ranking cyber security as their biggest technology priority for the year ahead. (more…)

Over half of employers are ignorant of the Good Work Plan

Over half of employers are ignorant of the Good Work Plan

good workIn five months’ time, employers will have to adhere to new employment laws proposed in the government’s Good Work Plan. However, the majority of UK businesses are completely unaware that these laws are due to come into effect. A survey by Citation, conducted via OnePoll, has found that 59 percent of British employers do not even know about the Good Work Plan, which proposes a variety of law changes that will come into effect in April 2020. (more…)