At today’s Budget the Chancellor celebrated the UK’s record level of employment, before hiking self-employed National Insurance and cutting the Dividend Allowance, thus directly hitting the group largely responsible for this growth.
The Chancellor’s 2p increase on Class Four National Insurance contributions has gained much greater attention today than a measure that will hit limited company contractors.
The Chancellor today announced an increase in the national insurance rates that sole-traders will pay from April.
The self-employed were the biggest losers in Chancellor Philip Hammond’s Budget, according to IPSE, the biggest organisation representing the UK’s 4.8m self-employed and professional freelancers and contractors.
HMRC's long awaited online tool - the Employment Status Service (ESS) is now available. The tool is designed to provide clarity around IR35 status and has been released now to assist public sector clients and agencies in making IR35 determinations. You can access the tool here:
IPSE has today (1 March) responded to the Government’s proposed consultation into the tax system for the self-employed workforce.
The number of freelancers working in Greater London has increased by 59 per cent since 2008 according to research published by IPSE, the Association of Independent Professionals and the Self Employed.
Freelancers’ contribution to the UK economy soared to £119 billion in 2016, an increase from £109 billion in 2015, according to new research published by IPSE, the Association of Independent Professionals and the Self Employed.
Intuit QuickBooks provides a few tips on how to get the most out of being self-employed. Here is part one of two of their series.
IPSE, the Association of Independent Professionals and the Self Employed, has responded to the Bank of England’s decision to maintain interest rates at their current level of 0.25 per cent.