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Tax
Freelancers Brace for Impact: National Insurance Cut May Get Cancelled Out By Replacement Tax Hikes
While the 2p reduction in national insurance contributions may offer short-term relief for some, experts warn that it could pave the way for the government to seek revenue elsewhere to pay for salary pay rises of public sector workers and…
Off-payroll is “loss-making exercise for the Treasury”
IR35 reforms and complicated off-payroll rules are costing taxpayers and public sector projects millions of pounds and high-calibre talent. The Freelance Informer asks IR35 experts: what’s it all for?
In a week, the High Speed 2 (HS2)…
Labour coming down on “self-employed” LLP members
LLP Members: Employees or Self-Employed? Tax Implications Highlighted in 2024 Case
The Labour Party and HMRC are on the hunt for more Treasury funds and if you are a lawyer, architect or member of a Limited Liability Partnership you…
Tax hikes could be on the cards. Here’s how can you protect hard-earned cash
Chancellor of the Exchequer Rachel Reeves has painted a grim picture of the nation’s public finances in her speech this week, axing spending pledges made by the former government that weren’t already funded. That’s according to Sarah…
Miss the July 31st payment on account deadline? This is how much it could cost you and what to do…
Self-Employed Workers Face Steep Penalties as Crucial Tax Deadline Looms
Millions of self-employed individuals face a rapidly approaching tax deadline that could result in significant financial penalties if missed, warns tax insurance…
School fees VAT hike: Self-employed parents scramble for mortgage solutions to pay private school…
The impending 20% VAT increase on private school fees, set for September 2025, has ignited a wave of concern among self-employed parents. With mortgage rates already elevated, this additional financial burden has prompted many to explore…
Labour’s VAT raid on school fees: Tips on how parents can manage a 20% hike in education costs
Discover expert tips for managing rising school fees, including VAT impacts and financial planning strategies for parents
The Labour Party is in power and that means it will introduce VAT on private school fees starting from September…
Tory MP severance payments to cost taxpayers £35m
A potential electoral defeat for the Conservative Party could result in a significant financial burden for British taxpayers, amounting to an estimated £35 million, it has been reported. This expense stems from the anticipated costs…
Government issues warning about false business rates appeal claims
The UK government's Valuation Office Agency (VOA) has issued a warning to businesses about false claims regarding the deadline to appeal their 2023 business rates. Some agents are falsely stating that the deadline is June 30th, which is…
Pros and cons of political party policies affecting self-employed and agency contractors
Policies on inheritance tax, pensions, IR35, national service and defence: pros and cons
The upcoming general election on July 4th in Great Britain has several political parties presenting diverse tax policies that will significantly…