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economic news and contracting market in 2017

Economic Good News Could Bring Cheer To Contractors In 2017

We were cautiously optimistic towards the end of last year about how contractors would fare in 2017 and just one week in we’ve already had a series of good economic news stories that could justify this optimism.   Firstly, we saw UK manufacturing growth hit a 30 month high, according to a Purchasing Managers’ Index

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Contracting in 2017

Looking Ahead to 2017: How Will Contractors Fare and How Can You Succeed?

There was some promising news for contractors this month when the CBI released a study that showed four in ten firms (41 per cent) plan to grow their workforce in 2017.   While these findings are welcome, we should also note the study found growth in permanent job opportunities outstripped temporary recruitment for the fourth

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contractor confidence survey results

Survey Shows Contractors are a Committed Part of the UK’s Workforce

Here at Contracting Scout, the one-stop shop for contractors, we have a wealth of resources, news and research on everything you need to know in the industry.   Building on our research into everything affecting contractors from Brexit to IR35, we recently uncovered some interesting results when we spoke to contractors about how often they

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calculating VAT using Flat Rate scheme

Contractors to Lose Out in Flat Rate VAT Changes

Contractors are once again in the firing line, with changes to the VAT flat rate scheme (FRS) announced in the Autumn Statement. The scheme was originally designed to simplify VAT reporting and reduce red tape for small businesses and contractors. However, in what appears to be an attempt to blame the self-employed for declining tax

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oil and gas industry

Hope in The Pipeline for North Sea Oil and Gas firms

After years of turmoil, a new report shows there are signs of a slowdown in job losses in the North Sea oil and gas industry. The 25th Oil and Gas survey by the Fraser of Allander Institute for the Aberdeen & Grampian Chambers of Commerce found that two thirds (67 per cent) of all firms

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Autumn Statement for Contractors

Contractors Receive a Mixed Picture from The Autumn Statement

We noted recently that contractors would be taking a keen interest in yesterday’s Autumn Statement. It offered a chance not only to gain insight into the future economic direction of the country, but also to understand the government’s attitude towards contractors and clarification on the IR35 reforms, which many thought could put contractors off working

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moving economy ahead of the Autumn Statement

Contractors Expecting IR35 Update in Autumn Statement

Contractors in the public sector will be taking a keen interest in Chancellor Philip Hammond’s first Autumn Statement. Being presented on Wednesday, it will be an interesting indicator to the whole country of the economic direction the government plans to pursue. But it could also have a direct impact on contractors in the public sector,

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UK contractor market looking up ahead of Autumn Statement

Contractors Have Cause for Cautious Optimism in November

We recently took a look at the state of the contracting market in October and found a mixed picture – the overall fundamentals of the economy were relatively strong, but some regions and industries were in a better shape than others and the future looked uncertain.   The market for contractors is unlikely to change

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contractor survey results

Brexit, IR35 and Contractor Rates: Contractors Speak

We recently surveyed hundreds of contractors to get your views on all aspects of contracting life – from Brexit and IR35, to rates and how you search for roles – and we discovered some interesting results.   Overall, contractors seem fairly relaxed about the impact that Brexit will have on their work prospects; 37 per

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