Pre-Budget report 'could aid recruitment'

Chancellor Alistair Darling's pre-Budget report could benefit the small business recruitment industry, it has been claimed.

According to sales director of Voyager Software Paul Thompson, recruiters will now be able to spread their tax obligations - including corporation tax, VAT, National Insurance and income tax - across monthly instalments, rather than make a one-off payment.

He added: "The government will now allow recruiters to offset losses against profits from the last three years, rather than only the previous year.

"So if 2009 turns out to be the challenge that is widely predicted, many recruitment firms will be able to claim a tax rebate."

Mr Thompson went on to say that due to plans put forward by prime minister Gordon Brown for a variety of road-widening schemes, the construction recruitment industry could also have a bright future.

Last week, the latest Confederation of British Industry (CBI) Industrial Trends Survey indicated the manufacturing sales recruitment industry is set to be affected by the weakest output in the sector for thirty years.

Aaron Wallis have a technical sales division with experienced engineering, industrial and manufacturing recruitment consultants. For industrial sales recruitment solutions Aaron Wallis offer employers a unique recruitment service backed by a 52 week rebate period.

Filed: 26-11-2008