Orange Genie News

After months of commentary and speculation, Matthew Taylor’s report on modern working practices was published on the 11th of July. You can read our detailed summary of the report here.

Commenting on the report, Graham Fisher, Group Chief Executive of Orange Genie described himself as “pleased” and with good reason.

Matthew Taylor’s long awaited review of modern working practices, entitled “Good Work”, was released on 11/07/2017. The report provides a fairly comprehensive and detailed picture of the UK labour market but at 116 pages, reading and digesting it all is quite a task. Below we’ve picked out and discussed the points that we believe affect our contractors and agency partners.

The UK Labour Market statistics released today by the Office for National Statistics show that 4.8 million people were self-employed between March and May 2017. This is 14,000 more than a year earlier.

Other headlines include the highest employment since comparable records began in 1971, with 74.9% of people aged from 16 to 64 in work.

From March to May 2017 there were 32.01 million people in work, which is 175,000 more than in December 2016.

IT contractor Mike Gibson, who intends to challenge the recent reform of IR35 in the Public Sector, now has the funds he needs to proceed. At the time of writing his Just Giving page shows a total of £11,230, comfortably over his target of £10,500. Mr. Gibson can now instruct tax barrister Michael Paulin to begin research into whether the IR35 reforms can be challenged, and on what grounds.

If you’re a recruiter dealing with Public sector contracts, the chances are you’ve recently seen some changes in how your contractors want or need to be paid. Those who have been deemed to be inside IR35 will usually be better off with umbrella employment, so you could find that you’re dealing with more umbrella companies than ever before.