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Freelancer Finance
Cyber insurance: the new must-have for freelancers?
Figures collected by cyber security company Nexor found that the UK experienced a 31% rise in cybercrime amid the pandemic. How did freelancers react?
Cyber-attacks on UK home workers were up 48% in the first six weeks of lockdown, so…
Battle of the sexes: divorce spurs demand for female IFAs
A growing number of women in their 50s and 60s who are going through a divorce or managing a sudden inheritance are having initial encounters with male financial advisers leaving them "underwhelmed" and "patronised", according to…
Footballers, sports pros struggle to get mortgages
Most sports professionals have short term contracts, which can often mean an onerous mortgage application process. Lloyd Wells Mortgages highlights the challenges and how sports pros, like other self-employed individuals, can boost their…
Government needs to abolish stamp duty tax says policy think tank
Stamp duty may well be the "worst tax on the UK’s statute books" and it might be high time the government "abolished" it, proposed a data analyst with the Centre for Policy Studies.
Jethro Elsden a data analyst and an author of a…
British drivers avoid insurance hike
British drivers will avoid an estimated £50 a year increase in motor insurance costs as the government confirms it plans to do away with the controversial EU ‘Vnuk’ law, Transport Secretary Grant Shapps announced.
Government…
Challenger banks – do small business owners trust them?
Alongside self-employed and side hustlers who are estimated to contribute £125 million to the UK's economic recovery in 2021, it’s thought that small and medium-sized businesses will contribute approximately £310.46 billion back into the…
Freelancers, take a bow. You will contribute £125bn to the UK’s economic recovery. But which…
Self-employed workers and side hustlers are estimated to contribute £125 billion to drive the UK’s economic recovery in 2021, according to a report by Mettle, Natwest's e-money account geared for the UK's self-employed, and YouGov.
The…
Which mortgage lenders have tightest restrictions on self-employed and contractors?
It’s becoming harder to get a mortgage if you’re self-employed, which is nothing new for those that have tried to apply for a self-employed mortgage while the stamp duty holiday is in effect.
However, news that Santander is the latest…
Help to Buy mortgage range launched for self-employed and contractors
The Mortgage Lender has expanded its recently launched residential range with the addition of Help to Buy in England and Wales. Initial rates, which are available for self-employed and complex income borrowers, start at 3.77 per cent for a…
Don’t be a tax relief loser – here’s how to protect your hard-earned cash
Time is of the essence to get the most out of your pension and savings tax relief for the 2020/21 tax year, especially with chatter that Chancellor Sunak may increase Capital Gains Tax. For company owners and directors in the process of…