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Should HMRC profit from taxpayers?
HMRC’s reduced interest on late payments hides the refunds “elephant in the room” says one contractor sector specialist
The UK tax authority, HMRC, recently announced a reduction in the interest rate charged on late tax payments,…
Japan slams door on “Karoshi” culture, embraces freelancer protections with new law
As of November 1st, 2024, Japan has ushered in a new era for its freelance workforce with the implementation of the "Freelance Act". This groundbreaking legislation aims to bolster protections for Japan's millions of freelancers, who make…
The potential economic and geopolitical impact of a second Trump presidency: Implications for…
A second victory for President-Elect Donald Trump signifies a substantial shift in the United States' approach to domestic and international policy. Understanding the potential ramifications of this shift involves examining past behaviour,…
HMRC to hike interest on tax debts in £500m tax grab
Freelancers and self-employed individuals across the UK face higher financial burdens as HM Revenue & Customs (HMRC) increases the interest rate on unpaid tax debts.
This measure, unveiled by Chancellor of the Exchequer Rachel…
DANA: ¿Pueden los autónomos españoles reclamar ayudas en caso de catástrofe?
Las devastadoras inundaciones en España causadas por la "DANA" (Depresión Aislada en Niveles Altos) durante la última semana, han causado estragos en toda la región de Valencia. Las empresas y los autónomos se han visto especialmente…
How self-employed can claim disaster relief in Spain
The devastating floods in Spain caused by the "DANA" (Depresión Aislada en Niveles Altos), or Isolated Depression at High Levels over the past week, have wreaked havoc across the Valencia region. Businesses and the self-employed have been…
ENI tax hikes: experts say the implications could be costly and risky for some contractors
The recent hike in employers' national insurance tax has sent ripples through the contracting world, leaving many unsure of whether to celebrate or brace for impact. While some contractors may find themselves with unexpected benefits,…
Umbrella companies will no longer be “legally” responsible for operating PAYE payments
The UK government has announced a major shake-up of the temporary labour market, aiming to tackle widespread tax avoidance within the umbrella company sector and improve conditions for workers.
Legislation will be introduced that will…
Giving up on the dream: Is the UK mortgage market killing self-employment?
Research from Aldermore reveals the extent to which self-employed first-time buyers struggle to get on the property ladder. Mortgage specialists offer their insights on the situation to indicate whether the dream of self-employment - for…
Trader says Reeves could make £22bn black hole “magically vanish”
UK borrowing crisis: could taxpayers be spared with a shift in Treasury-BoE relations?
The UK's public finances have taken a worrying turn as the government recorded a deficit of -£16.6bn in September, significantly surpassing consensus…