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Freelancer Finance
Which mortgage lenders have tightest restrictions on self-employed and contractors?
It’s becoming harder to get a mortgage if you’re self-employed, which is nothing new for those that have tried to apply for a self-employed mortgage while the stamp duty holiday is in effect.
However, news that Santander is the latest…
Help to Buy mortgage range launched for self-employed and contractors
The Mortgage Lender has expanded its recently launched residential range with the addition of Help to Buy in England and Wales. Initial rates, which are available for self-employed and complex income borrowers, start at 3.77 per cent for a…
Don’t be a tax relief loser – here’s how to protect your hard-earned cash
Time is of the essence to get the most out of your pension and savings tax relief for the 2020/21 tax year, especially with chatter that Chancellor Sunak may increase Capital Gains Tax. For company owners and directors in the process of…
Kwasi says pay up: Small business invoices must be paid in 30 days under new gov regs
Businesses owners, Finance Directors and CEOs will be required to take personal responsibility by signing the Prompt Payment Code. Breaches will be investigated and made public.
The UK government's Prompt Payment Code has been revised…
MPs and HMRC could change terms of next SEISS to jump-start excluded businesses
A Parliamentary committee has expressed its belief that the Treasury could include the newly self-employed in the next round of SEISS grants, taking account of tax returns now being filed for 2019-20.
Others that have been left out,…
UK SMEs dash for last chance cash schemes
Small and medium businesses in the UK are hoping for a major breakthrough to be announced by the Treasury on the Directors Income Support Scheme (DISS) as they grapple with the prospects of an end to cash schemes and wage hikes among other…
Property industry petitions Sunak to extend Stamp Duty exemption for 6 months
With the March deadline for the stamp duty holiday on the horizon, the UK property industry has urged Chancellor Rishi Sunak to consider extending the exemption on the first £500,000 of residential property purchases.
MPs will debate…
Kids and chores: how to win the battle and create money-smart kids
When your child leaves the nest, you might look back with the hope that your child-rearing skills provided enough lessons on street smarts to get them by in this world. But as they venture off, another thought may come into your head: does…
UK businesses win right to COVID business interruption insurance payouts: Are you eligible to claim?
The UK's Supreme Court has ruled that hundreds of thousands of UK businesses that attempted to claim for coronavirus-related business interruption losses will receive insurance payouts. The court's decision follows the Financial…
Self-employed and freelancers fed up with late payments – is it time for the government to…
Freelancers’ financial situations have been seriously impacted by an increase in late payments during the pandemic with one million UK freelancers being pushed into debt since the pandemic hit, according to a report by IPSE (the…