Orange & Gold Blog

UK Economy - News in brief

The National Institute of Economic and Social Research (NIESR), last week bumped up its forecast for UK economic growth in 2014

Reduce the risk of an IR35 issue

HMRC's recent updated and 'clarified' advice on IR35, Abbey Tax, a leading authority on IR35 cases, has also provided some key tips for contractors.

New 'NISA' Savings Limit Takes Effect

Just a reminder that the the increased amount available for tax-free ISA savings accounts, which the Chancellor announced in the budget, came into effect on 1 July.

UK app economy worth £4 billion in revenue

Companies in the UK developing and selling apps for smartphones and tablets are forecast to generate some £4 billion of revenues this year, more than in any other European economy and cementing the UK's position in app development

Contractor Demand Round Up

Contractor demand continued to increase during April 2014 across all the main sectors and the availability of candidates also fell at the sharpest rate since 2000, with the report highlighting worsening skills shortages as a result.

UK economy goes from strength to strength

Centre for Economic and Business Research upgraded its forecast for growth in the UK economy, from 2.8% to 3.1%, for 2014, which would be the strongest rate of growth since the 3.4% seen in 2007, just before the crash.