News
February 2010
Albany's UK companies go into administration
The UK Umbrella provider Albany went into Administration on the 10th February 2010 following several days of speculation. It is hoped that contractors and recruiters will get some or all of the ...
Contractor Insurance product options
This month our Financial Services partner, Contractor Financials, takes a look at the Contractor insurance options available. Here is what they have to say….Too many contractors pay for insurance...
New initiative to reduce risk of student loan over repayment
The Student Loans Company has launched a new initiative to reduce the risk of overpayment in the last 23 months of the loan period. The new scheme, which was introduced on 14th December 2009, allows PAYE...
HMRC urged to rectify tax code issues
Many people assume that what the taxman sends them is correct and therefore file away coding notices without checking them. However HMRC is issuing around 25 million tax coding notices this year...
January 2010
Expenses update
When submitting details of expenses using the printed forms please ensure that you clearly print your name or provide details of your membership number as well as presenting your signature, this enables...
Clarification of Subsistence Rules
Candidates employed through FPS can offset business expenses against their earnings. FPS requires all claimants to undertake an Expenses Questionnaire which establishes if they are eligible to claim...
Protect against the unexpected
As a Contractor, if you are injured or fall ill and cannot work, then your income stops immediately. If you have a family then this could be a worrying prospect as without your income to rely on your ...
AWD implementation regulations now published
The Agency Workers Regulation has now been published following 2 consultations on the directives implementation. Implementation of the regulation will not begin until after the 1 October 2011. ...
FPS announces Activate scheme for Umbrella contractors
FPS kicked off its 15 year Anniversary in December with the announcement of a new brand, extension of its services and a new website, fpsgroup.com, which showcases the new branding together with its extended...
PAYE Coding Notice
Over January, February or March you may receive a PAYE Coding Notice from HMRC disclosing details of your new tax code for the 2010-2011 tax year. Not everyone needs to have a coding notice so don...
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