Plans to add VAT to the wages of temporary social care and charity workers,
locum doctors and financial services staff will lead to a significant fall in
the use of agency staff, according to a new study.
The Recruitment Employers
Confederation has warned that the government has ‘grossly underestimated’
the costs involved.
The measures, which come into effect in April 2009 and scrap the concessions
to agencies providing temporary workers to industries with a zero rate of VAT,
should put £125m a year in the Treasury’s coffers. However, the REC has
estimated the cost to be at least £400m,
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC