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The US Fed has upped its interest rate, can we expect the same for the UK if more US banks tank?
The US Federal Reserve is raising the interest rate paid on reserve balances to 5.15 per cent, effective May 4, 2023. The move is likely to spark an interest hike announcement in the UK according to several news reports.
Central banks…
HMRC launches new service for import businesses
Hundreds of thousands of UK traders could benefit from new service to make importing easier
Any solo self-employed traders that import goods from food to antiques could have more certainty in valuing duties and VAT with HMRC's launch…
New report suggests only 1 in 5 self-employed headed for a comfortable retirement
The Office for Budget Responsibility projects the UK's state pension and pensioner benefit spending will rise from 5.6% to 9.6% of national income by the early 2070s; this increase is equivalent to £100 billion a year in today’s terms. The…
New government consultation looks into double- taxation of IR35
The government says it will launch a consultation to explore ways HMRC can account for double-taxation if a business gets caught for non-compliance and contractors have already paid a certain amount of tax.
As it stands, HMRC does…
With PAYE worker numbers up 400% government lacks the incentive to regulate umbrella industry
Government slammed for “deafening silence” over umbrella industry consultation. The question remains, why has the government dragged its feet for 6 years to regulate the umbrella industry?
Be informed, be Freelancer Informed! |…
IR35 mismanagement threatens UK’s £3.5bn plan to become tech ‘superpower’
Trade unionists and freelance service providers call out the government on the mismanagement of IR35, its stifling impact on tech companies and the freelancers they desperately need to grow
After British trade unionist Mick Lynch…
Majority of people are looking for new work because their pay is not keeping pace with inflation
With the vast majority of pay increases not keeping pace with inflation, two-thirds of workers are searching for a new job
Less than one in four workers who received a pay rise in the past year had their salary increased in line…
Female freelancers are better off pitching with a business name rather than their own finds new…
Female freelancers' career paths are judged differently than those of male freelancers even when they are similar, finds study
A Harvard Business Review report has revealed that a study has found that female freelancers that have…
Majority of people made redundant no longer trust full-time work
Over half (57%) of UK workers laid off since December 2022, are now exploring alternatives to full-time work as they lose faith in salaried work, finds a new report. One in four of those surveyed is considering moving back in with their…
You don’t need to be a genius to read faster
Anyone that has wished they could read faster but never thought it possible probably hasn't tried bionic reading. For many that have tried it, it is a life changer. We find out how it works and how can you access it
Be informed, be…