freelancers

UK inflation has risen to 2.6% in the year to November 2024, driven by higher prices for fuel, clothing, and entertainment, according to the Office for National Statistics (ONS). This unwelcome news puts further pressure on freelancers and…

The holidays are upon us, which means it's time to reflect on the past year and look ahead to the new one. For female freelancers, this is also a great time to connect with other women in business. The Women in Business network offers…

Freelancers face potentially devastating tax bills due to complex "Managed Service Company" rules HMRC has issued a stark warning to freelancers, contractors, and consultants about the dangers of "Managed Service Companies" (MSCs).…

With the January 31st self-assessment deadline looming, HMRC has issued a warning to the UK's self-employed workforce: be on your guard against a rising tide of tax scams New figures reveal a worrying 16.7% surge in reported scams…

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,…

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,…

Rumours have been swirling that the Chancellor might be considering a cut to the tax-free lump sum allowance on pensions in the upcoming Budget. If such a measure were implemented, it could have far-reaching consequences, not only reducing…

New study shows Once-Only Technical System (OOTS) could save time and money A recent study by the European Commission has found that the Once-Only Technical System (OOTS) could save freelancers significant time and money when expanding…