UK recruitment body shares dismay
UK recruitment body shares dismay at Governments decision to go ahead
with tax on jobs.
Despite a rigorous campaign supported by other leading organisations from business and industry, the Recruitment and Employment Confederation (REC) has learned that the Government will go ahead with the removal of the VAT Staff Hire Concession on April 1st
The REC spearheaded a campaign to persuade the Treasury and HMRC to defer its implementation until after the worst of the economic downturn is over.
Kevin Green, the RECs Chief Executive, said: We are dismayed that even after producing evidence that up to 150,000 temporary jobs are at risk, the Government decided not to heed our advice to defer this tax on jobs.
We have consistently drawn the implications of the concessions withdrawal to the Governments attention and highlighted the impact it will have on the supply of temporary staff to key sectors such as financial services, healthcare, education and charities.