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Tax
“HA-Haw”: Companies that blanket banned freelancers hit hardest by Employers’ NI…
The increase in Employers' National Insurance (NI) is likely to have the biggest impact on businesses that stopped using freelance workers because of the off-payroll working rules, says IR35 expert
Introduced on 6th April 2025,…
Spring Budget: self-employed face debt raids & fines
The UK's self-employed must brace for HMRC’s latest direct debt recovery, penalty fees and filing burdens. But there is some promising news on the horizon: the government is coming down hard on tax avoidance schemes that target independent…
Can we survive the Great British Booze Tax of 2025?
Trading financial security for a slightly less miserable hangover in 2025 and where to get "free" booze
OPINION
It’s March 2025, and I’ll bet my last bottle of cost-sensitive Spanish Verdejo that someone, somewhere, is trying to jam…
Should HMRC profit from taxpayers?
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,…
ENI tax hikes: experts say the implications could be costly and risky for some contractors
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,…
Freelancers urged to file taxes early: here’s why
Many freelancers are already feeling stressed about "painful" surprises that could be announced in the Labour Party's Autumn Budget. That is why freelancers should aim to get their tax returns sorted now, rather than when the annual…
Double tax hit looms for umbrella contractors
Rumours of the October Budget revealing increases to Capital Gains Tax (CGT) and Employer National Insurance could significantly squeeze the income of umbrella company contractors, impacting both their take-home pay and long-term financial…
UK Budget: Recruiters warn contractors, clients and umbrella companies to brace for harsh landing
Recruitment agencies and contractors alike are bracing themselves as the new government's Budget proposals loom large, with potential changes that could drastically alter the recruitment landscape.
Mary Maguire, Managing Director at…
Freelancers Brace for Impact: National Insurance Cut May Get Cancelled Out By Replacement Tax Hikes
While the 2p reduction in national insurance contributions may offer short-term relief for some, experts warn that it could pave the way for the government to seek revenue elsewhere to pay for salary pay rises of public sector workers and…
Off-payroll is “loss-making exercise for the Treasury”
IR35 reforms and complicated off-payroll rules are costing taxpayers and public sector projects millions of pounds and high-calibre talent. The Freelance Informer asks IR35 experts: what’s it all for?
In a week, the High Speed 2 (HS2)…