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National Insurance threshold hike: will it impact your state pension entitlement?
In April 2022 the Health and Social care levy comes into effect. This is a 1.25 percentage point increase on National Insurance contributions.The Chancellor had been under pressure to scrap the increase in the face of the rising cost of…
NI threshold raised to £12,570 but some freelancers will be worse off next year says expert
NEWSFLASH
From July, the National Insurance threshold will rise to £12,570 (it had been scheduled to rise from £9,568 to £9.880). 70% of people will pay less NI than they do this year.Income tax will be cut by the end of the parliament…
P&O Ferries: Will British agency staff ever trust the maritime sector again?
Crew Inspections Have Started On P&O Ferries As Airlines Step In To Recruit Redundant Staff
The Maritime and Coastguard Agency will be carrying out inspections before any of the eight P&O Ferries affected by the mass…
PSCs and contractors can reclaim duplicated taxes
If a contractor’s personal service company (PSC) and the agency or client that has engaged them have paid tax on the value of the same contract, the PSC and/or contractor should be able to reclaim any duplicated taxes, according to…
5% fuel duty cut welcome but the government is still making 80p per litre at the pumps
Fuel duty is a drop in the ocean, says personal finance expert. Others serving self-employed workers are asking for tougher, perhaps unpopular measures
The Spring Statement has cut fuel duty by 5p a litre.Currently fuel duty costs…
The Spring Statement: what should freelancers expect and what could surprise them?
Just when work opportunities and day rates started to soar towards pre-pandemic levels, freelancers could see those gains wiped out.
The cost of living crisis will be exacerbated for freelancers come April 2022 when increased national…
Money-saving tips for freelancers
Freelancers do not have the luxury of always getting paid on time, this means that certain months they have to find ways to stretch their money. Here are some tips to help ease the cost of living, plus a proactive payment reminder template…
Freelancers could see rate rises wiped out in 2022
The enormous impact of HMRC moving and freezing income holds in recent years has been revealed.
Great Britain's Office for Budget Responsibility changed its forecasts to reflect higher inflation, which means not only will more people…
LimeWire makes comeback just as NFT interest fizzles
Google Trends has suggested that people are losing interest in non-fungible tokens (NFTS), yet that could be because they do not realise the possibilities, according to new research and one company, in particular, LimeWire.
LimeWire…
Ukrainian Child Cancer Patients Brought To The UK In Urgent Flight To Receive Treatment On NHS
21 Ukrainian children with cancer have been brought to England to receive care through the NHS, the government has reported. The UK partnered with St Jude Children’s Research Hospital, a non-profit US organisation that specialises in…