HEALTHCARE RECRUITMENT: TO VAT OR NOT TO VAT?  THAT IS THE QUESTION

Light purple background with filled with blocky pill sharped question marks, overlaid is the text: HEALTHCARE RECRUITMENT - TO VAT OR NOT TO VAT? With a purple stethoscope shaped into a question mark.

We’d all agree that VAT isn’t the most thrilling topic. After all, it’s no Grey’s Anatomy! But when you’re placing medical staff through your recruitment agency, understanding how VAT applies can make or break your margins (and your sanity). So, we’ve provided a quick blog post to help make sense of this whole VAT-in-healthcare thing,…

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NAVIGATING THE AUTUMN 2025 BUDGET WHAT RECRUITERS NEED TO KNOW

A compass with the words 'AUTUMN BUDGET 2025' arching inside the compass dial. The idea is that MAYACHI can align finances to show you the correct direction for your business.

On Wednesday, 26th November 2025, at 12:35, the Chancellor, Rachel Reeves, delivered her second Budget speech, even though the OBR had released all the details before she began. The speech was the usual rowdy affair within the Westminster chamber, and the Chancellor spoke for over an hour and four minutes. The Budget focused on reducing…

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THINK YOU KNOW PAYE CONTRACTOR RATES? HERE’S THE REAL COST!

A close up of a man using a calculator with a purple overlay. 'THE REAL PAYE COST' words are placed over the top of the image - with emphasis on the words 'REAL' and 'COST'

Most recruiters will, at some point, need to place temporary or contract workers. These placements are a fantastic source of steady revenue, and the best part is that you keep the worker on your books, ready for their next assignment once the current one wraps up. However, there’s a catch. Paying workers correctly can be…

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WHAT FACTORS CAN AFFECT YOUR INVOICE FINANCE FUNDING?

A cropped business man, displaying only see his tie and jacket and his outstretched hand holding a wad of 20 pound notes - implying the amount of money you can get with Invoice Finance Funding - and what factors will affect the amount you can get.

Invoice finance provides essential funding to recruitment companies that make temporary or contract placements. These agencies must often pay candidates before their clients make payment, and invoice finance bridges that gap. The facility typically provides 75–90% of the client’s invoice value upfront. This advance should be enough to cover candidate payments while the agency waits…

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HOW TO READ A BALANCE SHEET

A pair of glasses laid on top of a business balance sheet, you can see the figures/numbers within the balance sheet and also a calculator.

Year-end accounts and management accounts are extremely important tools for any recruitment director, as they tell the story of the company’s performance and enable owners to make informed decisions about the future of the business. These accounts are usually made up of two key documents: the balance sheet and the profit and loss sheet. However,…

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HOW TO LAUNCH A SUCCESSFUL RECRUITMENT AGENCY – START-UP TIPS!

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How To Start Your Own Recruitment Agency Quickly! So, you’re ready to strike out on your own and launch a recruitment agency? Exciting times! But before you get lost in logo ideas and your first big client pitch, there are a few nuts-and-bolts steps you’ll need to nail. Let’s break it down. Step 1: Nail…

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PERMANENT VS TEMPORARY VS CONTRACT RECRUITMENT

Eight people sitting on chairs waiting for an interview, with the words 'permanent vs temporary vs contract' written on the wall above their heads

The recruitment industry is vast and varied, with agencies operating across different sectors and offering a range of services to clients. However, when it comes down to it, most agencies focus on one or more of three main types of recruitment: Permanent, Temporary, and Contract. Some agencies specialise in just one of these, while others…

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INVOICE FINANCE – WHAT ARE YOU PAYING FOR?

Magnifying glass with a question mark in the middle laid on the top of invoices, so you can discover what you are paying for when you use an invoice finance funding services.

Invoice finance is a staple in the recruitment industry, especially for agencies placing contract or temporary staff in the UK or overseas. That said, many recruitment directors don’t fully understand the benefits of these facilities. It’s common to question whether to use company funds, take out a loan or overdraft, or even bring in an…

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ARE RECRUITMENT ASSOCIATIONS WORTHWHILE JOINING?

Recruitment professionals networking at a business event, building connections and discussing opportunities in the recruitment industry.

Within the recruitment industry, numerous associations have been formed over the years, providing directors with opportunities to connect with industry experts, fellow business owners, and trusted suppliers. There are plenty to choose from: REC, APSCo, TEAM, TRN, RDLC, RecConnect, Elite Leaders, RecWired, The Canaries, ARC, IOR (apologies to any missed). Each has its own aims…

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