Market News

March 2007

Budget 2007 - Good news for agencies
The Chancellor of the Exchequer has announced in his Budget 2007 a delay to the application of the legislation relating to Third Party Transfer of Debt.

The draft legislation that was published on 8th February had given the application date as the 6 April 2007, but this has now been delayed until 6 January 2008 for recruitment agencies.

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November 2006

Charterhouse Group International comment on the administration of 844 limited companies managed by Safe Solutions Accounting
Recent publicity regarding 844 limited companies administered by Safe Solutions Accounting going into administration under Grant Thornton highlights the importance of using a reliable provider.

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October 2006

Employment Equality (Age) Regulations 2006 Act
On October 1st 2006 the Employment Equality (Age) Regulations 2006 act came into force designed to protect employees from discrimination due to their age. Freelance Professional Services Ltd are pleased to confirm that as with all discrimination legislation we fully comply with the requirements of the act.

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April 2006

Contractor Budget Update
The 2006 Budget report was published on 22 March 2006. We’ve worked through the key messages of the budget and are pleased to let you know that existing contractors will still benefit from working through the FPS service rather than through PAYE.

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