2022

Three people were convicted of defrauding the taxpayer for over £1 million in a criminal scheme that exploited government systems designed to support businesses, the Crown Prosecution Service (CPS) has reported. The people involved spent…

Looking for new clients or a new business sector to pitch your freelance services to? Then one of the most effective ways to beat the competition is knowing where to look. What are unicorns? Unicorns are companies valued at $US1bn,…

The Institute for Fiscal Studies is calling on the government to urgently adjust the way the interest rate cap operates on student loans to avoid a significant spike in September. English and Welsh graduates who took out a student loan…

Businesses hiring military veterans, including umbrella companies and recruitment agencies, can save thousands of pounds in employee National Insurance contributions. The relief is available to all employers of veterans regardless of…

Agency workers that receive tips or gratuity as part of their job or service industry, could have their employment records checked from time to time by HMRC. A review of their employer's records would be carried out by HMRC to make sure…

OP-ED An airline in the US has been launched that will cater solely to freelancers, specifically content creators and brand influencers. Yes, you read that right. The airline, Willa Air, is funded in part by freelancer payment app,…

“In the new tax year freelancers are having to deal with the most wide-ranging changes in personal income taxation for more than a decade, says Daniel Fallows, director of accountancy Gorilla. “We have to go back as…

IR35 reforms one year on: 60% of contractors report drop in income. Some end-clients are still exhibiting "inside IR35 or leave" blanket ban contractor policies.72% of contractors said that hiring businesses are not taking reasonable care…

TAX CLINIC A government contractor that works via two agencies, writes in to find out if they are paying too much tax and if they ever had to apply for Universal Credit could they do it if their agencies pay in arrears at very different…

Changes to the off-payroll working rules in the UK, namely IR35, have had “devastating economic consequences for businesses,” according to a poll of more than 500 companies. Over two in five companies (42%) reported that the IR35 reforms…