The Government’s plan to slash the tax-free dividend allowance from £5,000 to £2,000 from April 2018 has been dropped ahead of the General Election.
Well who saw that one coming!? Just as we were getting over our chocolate Eggs and the terrible traffic jams of Easter, out pops Mrs May onto the steps of Downing Street to take us all by surprise with the announcement of a snap General Election for the 8th June!
IPSE is pleased to announce a new partnership with the award-winning LHS Solicitors LLP. Working with them, IPSE is now able to offer members a 25 per cent discount on LHS’s elXtr business platform.
IPSE has advised all contractors to check their IR35 status in order to resolve the confusion and uncertainty over the newly implemented public sector rule changes.
Broad one-policy-fits-all approaches for self-employment are very dangerous and run the risk of damaging the UK economy, Professor Andrew Burke, Chair of the Centre for Research on Self-Employment (CRSE), told the Taylor Review into modern employment practices.
IPSE has today (15 March) welcomed the Government’s decision to reverse their decision to increase National Insurance Contributions for the self-employed as set out in last week’s Budget.
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.