At this early stage, there is little detail on how an exit from the European Union will affect contractors in the UK, so it is business as usual. Orange Genie has remained politically neutral during the build up to the vote and will now embrace the decision and the consequences.
Exit will not be instant, so in the short term, we expect little to change.
Business needs stability and now more than ever it is important to ensure that firms have the right skills in place. Once again, the flexible workforce will be key in ensuring the UK's economy doesn't suffer. We are particularly curious as to how the public sector will be able to resource the skills required to negotiate the exit and start to formulate and implement new and revised UK legislation.
What the Brexit means for your money
George Osborne delivered his 8th Budget speech on Wednesday and once again he focused his attention on creating a stronger economy by supporting small business and enterprise. The Government continue to voice their desire to stamp out unfair and deliberate tax avoidance, aiming to raise £12bn through their efforts.
Working for yourself as a contractor is exciting and can be hugely rewarding. With the autonomy and control comes a need to manage your affairs and finances. Think about the following money management tips to help you take control of your finances…
Other than confirmation that legislation will be introduced to restrict tax relief on travel and subsistence for contractors and freelancers working through intermediary companies (umbrella and personal service companies) there was little information within the Autumn Statement. As anticipated this means a further period of uncertainty until the draft legislation is published on 9th December.
Higher rates of pay, flexible working hours and the ability to choose which projects you work on are just some of the many reasons people choose to go contracting. If you do decide to move into contracting you’ll need to know how to best market yourself in order to stand out from the crowd in a competitive field. Let’s take a look at the most successful forms of advertising your services…
Topics: Orange Genie Group