The Autumn Budget 2018 | An Overview

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by Fraser Farrington on

Phillip Hammond, the Chancellor of the Exchequer, delivered his second ‘Autumn Budget’ this Monday which included a number of giveaways, a number of ‘holds’ where an increase may have been expected and a number of measures which allows the Government to argue it is taking a tough stance on tax avoidance. A number of ‘difficult’ issues or those which could have generated negative headlines were largely not addressed.

The big news for the recruitment industry was of course confirmation that the off-payroll working rules are to be extended to the private sector from April 2020. These rules have been in force for the public sector since April 2017 and following the recent consultation ‘fact sheet’ which declared the public-sector roll-out a huge success, it was perhaps inevitable they would also be introduced to the private sector.

Morson added its voice to those of many stakeholders advising the Government that an introduction in 2019 would not give businesses time to prepare, so the pushback to April 2020 is a small win in that respect. The Government also announced that the rules will only apply to ‘large and medium-sized’ businesses, perhaps a nod to the reality that the introduction in the public sector was not as smooth as HMRC expected. Again, this represents a small win. We await final legislation which will confirm whether the responsibilities for the IR35 decision and the liability for any tax due remain the same.

A comment also on the changes to VAT in the construction sector which has not generated many headlines but could represent a significant admin burden if not managed properly. Legislation will be published alongside Finance Bill 2018-19 to provide for a ‘VAT reverse charge’ on building and construction services, due to come into effect on 1 October 2019. If labour services are caught, intermediaries will in effect become responsible for collecting VAT on behalf of their construction contractors and must make sure not to include VAT in payments to impacted workers. We await final legislation here which will confirm the details, but it is expected that the rules will apply where work is deemed caught by CIS.

Some of the other key points include:

  • Personal allowance increased to £12.5k, a year earlier than planned
  • Higher rate threshold increased to £50k, a year earlier than planned
  • National living wage increased to £8.21 a year from April 2019
  • Increases in allowances to companies for certain capital spending
  • Additional £20.5bn to NHS over the next 5 years
  • Extra £400m to schools for ‘little extras’
  • Additional £700m for local councils for social care
  • Pothole fund to help repair damaged roads

Key ‘holds’

  • VAT threshold of £85k/year will not be reduced until 2022 at the earliest
  • Confirmation that abolition of class 2 NICs will no longer go ahead
  • No rises in fuel duty, or duties on beers, cider and spirits

Enforcement/ Anti-avoidance measures

  • Digital service tax of 2% on UK revenue of big tech companies, from April 2020 – very light on detail but no doubt intended to counter negative headlines around lack of action on Apple, Amazon, Facebook et al’s perceived aggressive tax planning
  • Return of HMRC as a “preferential creditor” – meaning the taxman is “bumped up” the repayment queue in the event that taxpayers enter liquidation
  • Rules to shift tax liabilities to Directors where companies are intentionally placed into insolvency
  • Various offshore anti-avoidance measures

It was notable that there was no mention of the Taylor Review or the gig economy in the budget documents, perhaps a surprise given that the Government consultations closed almost six months ago.

The Chancellor warned that a further Budget may be required depending on the outcome of the Brexit negotiations.

For more extensive budget coverage, including a budget calculator to see how the budget could affect you, please see the BBC budget website.

Or, for more detailed budget information, including the budget documents themselves and legislative detail, please see the government budget website.

Cx Jobs

Senior Solution Manager - Wireless products

Morson International is working with one of the largest ICT solution providers in the world. We are looking for a Senior Solution Manager to join my client at their Paris office, where under the responsibility of the current Product Line Director, they will be responsible for presales support in France and / or Abroad of our clients Wireless portfolio ResponsibilitiesPresales support including quote, network design, proposal, testing.Find, identify, develop and close business opportunities with operators.Collect and analyze marketing information. Enhance customer relations.Manage and coordinate activities between our client and the operators they work with.Promote the full range of our clients solutions to defined customers.Establish product presentations.Identify the needs of key customers and coordinate with product teams and engineering to ensure that these needs are implemented in products.Develop partnership projects with operators and their partners, help define new business models and product support features.Identify, quantify and recommend an action plan for new business opportunities, in line with the overall strategy of the company.QualificationsMinimum Master Degree in Engineering or Business.Minimum 5 years of experience in Telecoms.Technical capabilities, business and negotiating skills.Ability to understand customer needs to target the desired solution.Respect and appreciation of customer requirements.Detailed knowledge of business models and market strategies management services.Good knowledge of telco products & solutions.Excellent ability to collaborate with a variety of people (product management, engineering, marketing).Very good relationship building skills.Ability to interface with the customer and work in a multicultural environment.Bilingual, English and French

Systems Engineer - Maritime and Defence

Role: Systems Engineer - Maritime and Defence Location: Winfrith Newburgh, Dorset Salary: Competitive Start: ASAP ATLAS ELEKTRONIK UK develop, supply and support cutting-edge maritime technology for customers worldwide. Based in Winfrith Newburgh, Dorset, they work closely with the UK Royal Navy and global customers to create products which protect lives at sea.Due to continued success, they are currently looking to recruit a Systems Engineer Candidates should have good electrical / electronic design experience, a good understanding of design assurance, as well as knowledge of appropriate drawing and defence standards. Knowledge of EPLAN would also be advantageous Key Accountabilities Responsible for delivering key system engineering processes across the product lifecycle.Working closely with the project teams including the System Design Authority, Engineering Manager and Team Engineers.Use expertise and knowledge to make a strong contribution to bids and projects. Key Knowledge, Skills and Personal Qualities Good sound knowledge and understanding of systems engineering principles and their application to multi-disciplinary (mechanical, electrical, electronic and software design principles) engineering projects.Sound understanding of requirements management and decomposition.Familiarity with Defence Standards (particularly DEF-STAN and MIL-STD).Ability to solve complex problems and to critically review results and methods to ensure qualityAbility to expand knowledge into new domain areas, and work across domains and see the bigger picture.Strong communication skills, including delivery of presentations.Good written skills particularly technical report writing, ability to communicate with expert and non-expert stakeholders.Educated to degree or equivalent level in an engineering, or related discipline.Knowledge and experience of INCOSE Systems Engineering practice and principles.Preferably have an understanding of military systems, in particular maritime systems. Alternatively, we will consider other highly regulated industries including aerospace, nuclear, or rail.Ideally (but not essential) experienced in one or more of the following domain areas: Maritime Combat Systems, integration of equipment and software; Unmanned Systems; Combat Management Systems; Acoustics / Sonar Processing.Experience in preparation of documentation for bids.Primary software/system skills: IBM DOORS requirements management (9.x / NG); UML / SysML.Desirable software/system skills: Enterprise Architect (EA); IBM Rational Quality Manager (RQM); IBM Rational Publishing Engine (RPE). For the right candidate, our client can offer a competitive salary and excellent benefits package, combined with the opportunity to work for a highly respected, innovative, expanding company at the forefront of their industry offering excellent prospects for future career and salary development and advancement. MORSON INTERNATIONAL, part of the Morson Group, are the leading TECHNICAL & ENGINEERING RECRUITMENT COMPANY in the UK specialising in Technical Support to the following industries: Defence, Nuclear, Power Generation, Aerospace, Rail, Marine, Petrochemical & Construction

Software Quality Assurance Engineer

Our client seek a Software Quality Assurance Engineer for a 6 month contract in Stevenage, Hertfordshire.This role reports via the local Head of Equipment Quality for all quality matters. In this way the Quality Assurance requirements of all Equipment programmes are coordinated and directed and remain independent and have unimpeded access to top management. The successful candidate shall be able to work autonomously within the project team but where necessary has the right to refer any matter to the Head of Equipments Quality for resolution.TYPICAL TASKS AT SQE LEVEL INCLUDE:Definition of the quality objectives and the Project Software Quality Assurance Baseline, producing the applicable Software Quality Assurance Plan, Project Standards and Quality Operational Procedures.Supporting the Software Delivery Manager in the definition and the implementation of the overall software project processes, in the definition of the development logic and in the choice of methods and tools to be used.Assessment of the Software Processes and the quality of the various items of the Software Product through quality inspections, reviews, audits, collection and analysis of metrics.Support and possibly chair reviews (e.g. PDR, CDR, TRR, TRB, DRB).QA Approval of all documentation.Assessment and reporting on the quality of the Software Product and Processes, in periodic reports and in the specific reports allocated to the Reviews.Management of the interface with the internal and/or external customer on Software Quality matters in agreement with the Software Delivery Manager.The SQE is a key factor in process improvement by suggesting improvement actions and participating in their implementation within the project.KEY SKILLS/PROVEN ABILITYEssential A background in Software Product Assurance or directly comparable proven ability within the Space, Aerospace or high tech sectorsKnowledge/experience of high quality /complex manufacturing - in a high scrutiny environmentExperience of Software quality requirement implementation and adherenceExperience of complex assemblies, Software and Hardware interaction, low volume processes Desirable ECSS qualification Q70/08/28/38An understanding of FPGA and ASIC space applications and quality requirements ADDITIONAL:IR35: This role has been deemed Inside IR35Working Pattern: Monday to Friday days - plus occasional ad hoc shiftsTravel: Occasional travel to other UK and overseas sites

Principal Engineer - Human Factors (POOLING)

Our client BAE Systems are seeking a number of Principal Engineer - Human Factors contractors for 6 month positions to support their Submarines business in Barrow in Furness, Cumbria.KEY TASKS / RESPONSIBILITIESDelivery of Human Factors input to boat programmes including:Spatial, workplace and workspace assessment (understanding of anthropometry)Human Computer Interaction (HCI) development and assessment including agile engineering approachesHuman Machine Interface (HMI) assessmentHuman Factors Integration Plan (HFIP) and Target Audience Description (TAD) developmentProvision of Human Factors advice to stakeholders across the range of HF disciplines KEY SKILLS/ PROVEN ABILITYProven ability in delivering Human Factors Expertise to large scale projectsAdditionalDue to the sensitive nature of the product all applicants must have worked within the Defence / Military industry within the last 12 months or be capable of obtaining Security Clearance (SC level minimum).This role has been deemed Inside IR35 by the client.

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