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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. A 1099 is a form used to report non- employee compensation. What is a W-2?

Payroll 52
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The sector responds to the Spring Budget

Workplace Insight

The investment in the NHS to modernise IT equipment and improve their efficiency is welcome, but that was the only real nod towards support in the healthcare space. The Government is right to prioritise improving public sector productivity.

Budget 59
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The UK workplace sector reacts to the Spring Budget 2023

Workplace Insight

We need to equip the workforce with the new skills that the economy needs. 7 in 10 businesses that prioritise these ‘power skills’ alongside technical skills in their workforce experienced consistent project success in the past year, according to our Pulse of the Profession 2023 study.”

Budget 98