Effect of the Gig Economy on Contracting
June 21, 2017 @ 11:20 am by Sarah Cullingworth
By Damian Broughton MBE, Danbro Executive Chairman
In today’s digital world many of us no longer view work as a place to go, but as a task to be achieved, with surging demand from big companies driving the so-called ‘gig economy.’
There are concerns about the gig economy – as we’ve discussed previously, but at the high end of the freelancing sector, there are rapid growth opportunities for skilled, independent professionals. Typically these professionals work through their own Limited Company or through an Umbrella Company.
We have seen several reviews into the modern …Read More
Taking On Your First Employee
June 13, 2017 @ 4:42 pm by Sarah Cullingworth
By Helen Broughton, MBE
Taking on your first employee is an important milestone of your business’ development. However, there are many administrative tasks, as well as legal requirements to consider. We’ve teamed up with our Managing Director, Helen Broughton MBE (who knows a thing or two about setting up a successful business) to give you our guide to taking on your first employee.
Step 1 – Preparation
Create a job description – What do you want your employee to do? What skills will they need? How many hours will they need to work? …Read More
Danbro’s Top CV Writing Tips
April 26, 2017 @ 12:59 pm by Sarah Cullingworth
Your CV is often the first communication a potential employer will see, and may be the only chance for you to get to interview. Therefore it’s crucial that you get it right.
We’ve teamed up with the experts in Danbro’s HR team to give you our top tips.
Keep it short and sweet, the most successful applicants have CVs no longer than two pages of A4.
If printing out your CV, make sure it is printed on a clean piece of white paper.
Going for a creative role? Don’t be scared to try …Read More
New (Tax) Year’s Resolutions – the ones you’ll really want to stick to!
April 6, 2017 @ 2:39 pm by Sarah Cullingworth
With the festive season a distant memory, and some subtle signs of Spring finally appearing, we’re now firmly into the new year. Many of us will have given up on our resolutions already, but if you’d like a second chance to start afresh, then what better time than the new tax year?
We take a look at the changes you’ll really want to make, and how we can help you stick to them this time!
Looking after your health
This is a popular one. After the indulgence of the festive season, you might …Read More
Public sector facing pain – but there are still opportunities for contractors
March 21, 2017 @ 10:28 am by Sarah Cullingworth
By Ben Pindar, PR
The public sector has been under the cosh of Draconian government cuts for several years now and many have turned to freelance expertise from contractors to continue to deliver their services in an age of austerity.
By drawing on the UK’s flexible workforce as and when they need it, the public sector has been able to access the skills and insights it needs in an affordable way.
But the public sector now faces even greater challenges; new IR35 rules for contractors next month, and a potential ‘hard’ Brexit threaten …Read More
NICs U-turn – Good news for the Self-Employed
March 16, 2017 @ 4:07 pm by Sarah Cullingworth
There was no doubt a huge sigh of relief from the UK’s 4.8 million self-employed workers yesterday as it was announced that the government has halted plans for proposed Class 4 National Insurance hikes, which were set out in the Spring Budget. This is good news for the freelance workforce in the UK, who’ve been hit by numerous legislation changes in recent years.
The planned increase would have seen NICs increase from 9% to 10% from April 2018, and then to 11% from April 2019. Not only was this a blow …Read More
And The Winner Isn’t….
March 2, 2017 @ 4:57 pm by Sarah Cullingworth
So, unless you’ve been living under a rock for the last few days, you’ll have seen the excruciating moment that La La Land was incorrectly named as the winner of this year’s Best Picture award at The Oscars, leaving the cast and crew of the musical number to graciously hand over the gong to the actual winners, Moonlight.
Since the embarrassing gaffe on Sunday, it has transpired that the reason the presenters read the wrong film title was due to the error of one accountant, namely Brian Cullinan. Matt Damon doppelgänger …Read More
Myths surrounding IR35 reforms in the Public Sector
February 24, 2017 @ 11:08 am by Dena Salthouse
By John Thorburn
With the IR35 changes only a matter of weeks away, we look at some of the myths surrounding the Public Sector reforms and help you to separate the fact from fiction:
Myth 1: The legislation should be adopted now
The reform will go ahead from 6th April 2017 but only the draft legislation for the Finance Bill 2017 has been published so far. Following a period of consultation we are still waiting for the final version of the legislation, which is anticipated to be released at the Spring Budget on …Read More
How will the Apprenticeship Levy affect recruitment agencies?
February 21, 2017 @ 3:30 pm by Dena Salthouse
By Ben Pindar, PR
The Government’s new Apprenticeship Levy, while full of good intentions, is threatening to have unforeseen consequences for recruitment agencies.
The levy, which comes into force on 6th April, aims to create a national funding pot for training as well as three million new apprenticeships by 2020.
However, the big issue is that the way of working in the UK has transformed; we have seen a colossal increase in the number of freelance consultants and contractors who enable businesses to access the skills they need on an ad hoc basis …Read More
The World is Changing
January 27, 2017 @ 12:52 pm by Dena Salthouse
By Gordie Smyth
The world is changing, and with it the accounting world too. As usual, we at Danbro are ahead of the curve!
Gone are the days of sending a bag of invoices, receipts, statements and whatever else to your accountant at the end of the year and bracing yourself for your tax liability.
Businesses need quicker, smarter, real time information in order to make well-informed decisions.
And with the announcement of HMRC’s Making Tax Digital initiative, which is expected to be fully rolled-out by 2020, there is a need more than ever …Read More