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Thursday, 27 December 2012

REC gets Treasury response to taxation concerns

The Recruitment & Employment Confederation (REC) has received an official response from the Treasury minister David Gauke on key taxation challenges facing the recruitment industry.

In his correspondence, Mr Gauke provides an update on the issues surrounding taxation rules for contractors and on the effective enforcement surrounding off-shoring arrangements.

Despite this, REC would still like more guidance on subsistence schemes and stated that it will be pursuing the issue with the government early in the new year.

Commenting on the minister's letter and on recent developments, REC chief executive Kevin Green said it would benefit the recruitment industry if the "hugely important" taxation issues were resolved.

"Our persistence has paid off and we are seeing some positive signs in terms of policy changes and a commitment to effective enforcement," he stated.

REC will continue to work through the issues with the government to ensure that all businesses are working on a level playing field, Mr Green added.

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Posted by John OakADNFCR-1617-ID-801512984-ADNFCR

Source: The Sales Director News

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