slinkydevil Posted March 30, 2007 Share Posted March 30, 2007 Lots of pissed off looking people in Bar Logo this lunchtime. http://www.iomonline.co.im/ViewArticle2.as...ticleID=2193584 Link to comment Share on other sites More sharing options...
When Skies Are Grey Posted March 30, 2007 Share Posted March 30, 2007 Ouch....not great.... although if you put all your eggs in one basket...... Link to comment Share on other sites More sharing options...
Newsbot Posted March 30, 2007 Share Posted March 30, 2007 A Manx financial consultancy company says that job losses are necessary to ensure its future. Source : http://news.bbc.co.uk/go/rss/-/1/hi/world/...man/6511415.stm Link to comment Share on other sites More sharing options...
Slim Posted March 30, 2007 Share Posted March 30, 2007 Hope everyone involved can find work soon. Link to comment Share on other sites More sharing options...
Tarne Posted March 30, 2007 Share Posted March 30, 2007 It's Ramsey - there isn't anywhere else to work Link to comment Share on other sites More sharing options...
K.os Theory Posted March 30, 2007 Share Posted March 30, 2007 shit my housemate works there...sorry used to work there 84 gone, all staff given the afternoon off... here's hoping everyone affected can find work pretty quickly Link to comment Share on other sites More sharing options...
Pat Ayres Posted March 30, 2007 Share Posted March 30, 2007 The article says back office staff in Ramsey AREN'T effected, does this still mean job losses in Ramsey? Link to comment Share on other sites More sharing options...
Nitro Posted March 30, 2007 Share Posted March 30, 2007 Well there have definetly been some job losses, I'm guessing the back office is a different place in Ramsey? Link to comment Share on other sites More sharing options...
TerryMcCann Posted March 30, 2007 Share Posted March 30, 2007 Well there have definetly been some job losses, I'm guessing the back office is a different place in Ramsey? Part of the group but one so the likely growth areas in the future. So no redundancies in that area. Link to comment Share on other sites More sharing options...
Beckett Posted March 30, 2007 Share Posted March 30, 2007 Lots of pissed off looking people in Bar Logo this lunchtime. http://www.iomonline.co.im/ViewArticle2.as...ticleID=2193584 Isn't it the second time this has happened - only for CH job ads to appear in the Courier a few months later? Link to comment Share on other sites More sharing options...
Tris Posted March 30, 2007 Share Posted March 30, 2007 Lots of pissed off looking people in Bar Logo this lunchtime. http://www.iomonline.co.im/ViewArticle2.as...ticleID=2193584 Isn't it the second time this has happened - only for CH job ads to appear in the Courier a few months later? Exactly Beckett. Not sure why anyone would go and work in that dump. Link to comment Share on other sites More sharing options...
Juan Kerr Posted March 30, 2007 Share Posted March 30, 2007 " .... and they do not affect the UK back office processing business at Ramsey" If the news announcement is correct why is Ramsey worried (other than crapping its pants because its had all its eggs in one basket for far too long and redundancies might spread). Its says jobs in ramsey are unaffected. I must admit I think Anne Craine is great, but I heard her on MR saying that its terrible news for Ramsey and that many people could be forced to re-locate. Relocate? Its the Isle of Man. Spend 20 minutes driving to Douglas might have been a more accurate statement. Link to comment Share on other sites More sharing options...
Roger Smelly Posted March 30, 2007 Share Posted March 30, 2007 Say what you want about charterhouse but aleast they did something for Ramsey. Far more than the government or any other company, they actually seen that ramsey is a good place to be and they have gave a lot of people jobs. Its a shame but i guess the once great finance industry on the island is slowly changing. Add up the ammount of job loses that have taken place over the last 3 years and there as been over a 1000 i would say easy. Charterhouse is a victim of its own success, someone told me that quite a few people who worked there set up in competition. Link to comment Share on other sites More sharing options...
copycat Posted March 30, 2007 Share Posted March 30, 2007 This doesn't look too good for IOM service providers - don't Charterhouse do this sort of thing? will they be letting jobs go? any comments? Tax-avoidance laws could sting bona fide companies By Andrew Taylor andVanessa Houlder Published: January 31 2007 02:00 | Last updated: January 31 2007 02:00 New laws to curb tax avoidance by contract workers are being rushed in and could penalise genuine employers and recruitment companies, Treasury officials have been warned. The Recruitment and Employment Confederation says employers using managed service companies, labour providers specifically established to reduce income tax and national insurance contributions, could be liable under the new legislation. From April 6, managed service companies will no longer be able to pay workers a mixture of dividends and salary in order to reduce income tax and NI. If it fails to pay the right amount of tax, the liability will fall on the scheme's specialist provider, many of which do not own any assets, says REC. If they cannot pay, the bill can be passed to the recruitment company or employer who hired the worker. REC complains that the Treasury has still to publish the full details of the new rules, which will be included in the Finance Bill. It also warns that government expectations of raising £350m from the tax changes could be misplaced, with scheme providers starting to advertise alternative tax arrangements. Other workers "will not see the benefit of working flexibly as a contractor and opt to take permanent employment", increasing labour costs in sectors such as construction and information technology, says Anne Fairweather, REC external relations manager. She says: "It is simply not acceptable to introduce changes to the taxation of a quarter of a million contractors overnight. If the Treasury and HMRC want to encourage compliance they need to give businesses the time to understand the new rules. "Worst of all, recruitment agencies and businesses that use contractors could be put in a very vulnerable situation. The Treasury wants them to be liable for contractors' unpaid tax. This is a massive uninsurable liability and one on which we do not have any detailed information on at all." Chris Sanger, head of tax policy development at Ernst & Young, says the legislation could create "a hotbed of confusion". He says that recruitment companies have legitimate concerns that they could end up picking up the tab for unpaid tax. "There is a real concern that they are applying evasion powers to what most people would consider avoidance activity." Francesca Lagerberg of Grant Thornton says she believes the Treasury would be prepared to amend legislation if the consultation highlighted anomalies. "Anyone who thinks they will be caught out in an unfair and unreasonable way should be shouting like mad." can't say anymore. Link to comment Share on other sites More sharing options...
TerryMcCann Posted March 30, 2007 Share Posted March 30, 2007 Copycat in gets something right sensation Well they do say if you chuck enough shit some of it will eventually stick to the wall Link to comment Share on other sites More sharing options...
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