The latest thinking, news and events from the world of Recruitment

A Rollercoaster of a Year

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Last year proved to be quite a rollercoaster ride for contractors, with the threat of not being able to claim travelling expenses, more uncertainty surrounding IR35 and the introduction of dividend taxation from 6th April 2016. Let’s take a look back at some of the tax events that affected freelancers in 2015.

January

IR35 Forum Administration Review contains 32 recommendations to improve the practical operation of IR35 within five specific areas of administration:

SOURCE: contractorweekly.com

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Never switches off. Dubbed as Mr Innovation by colleagues and industry, in 1987 David Thornhill first started out in the recruitment industry as a payroll clerk for a local firm in Gloucestershire, Staff UK. David went onto write the first ever software model of its kind for the temp recruitment market, integrating payroll, invoicing, sales ledger, funding and comprehensive management reporting; in essence creating a completely new funding supplier sector.

Prior to the Cash Simply venture he also worked as a board director for another recruitment company, where David used his extensive operational, accountancy and IT skills, to streamline processes and grow the business through increased cash flow and cost savings.

In April 2004, David aka “Mr Innovation” and Tom Atkinson joined forces to launch and begin trading under the brand name Cash Simply, which marked the start of a company based on a similar model to those they had previously developed to great success. They have progressed from a standing start to an annual turnover of more than £45 million, and have built an operational base that could double or treble that volume.

When he’s not dreaming up his next business venture, David enjoys running, attending music festivals and doing the occasional charity skydive. His next challenge is to complete a marathon.

 

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