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Mortgage nightmare: how millennial freelancers can avoid one
On average, mortgages cost £663 a month, with 16% of people paying over £1,000*.A Millennial buying the average house at the age of 30 today, with a 10% deposit, and a 6.07% mortgage would have a monthly payment of £1,706. Only 4% of…
Fail to register your business while trading? It could lead to prison sentences and an unlimited…
HMRC is cracking down on individuals who are trading without complying with anti-money laundering requirements. Estate agents are among the top offenders, according to a new report. With more umbrella company contractors looking to go…
HMRC research into tax avoidance schemes branded “a waste of time”
OPINION
By Fred Dures, PayePass
HMRC’s commissioned research into disguised remuneration schemes has been described as a “waste of time” with the assessment of the impact of tax avoidance schemes failing to…
IR35 reforms likely to be reinstated say legal experts
Some legal experts are not convinced that IR35 reforms set to be repealed in April 2023 will be set in stone or even come to fruition.
And if they do? According to these same experts, there will be new risks and HMRC enforcement powers…
Do freelancers see cannabis in their future?
APPG plan suggests UK has big future in hemp and cannabis, Biden overhauls cannabis policies
The UK cannabis industry could create 594,000+ jobs, £5.5 billion in annual tax revenue, and environmental and agricultural benefits aimed at…
Freezing taxes and benefits: why it puts more money in the Treasury’s coffers
OPINION
If you have come across an article or news clip on the radio or television today about why tax freezes outlined in last month's mini-budget will cost taxpayers more in take-home pay and benefits over the long term, you won't be…
“Elitist fortresses” – freelancers working on a West End show can’t afford…
Freelancers in the theatrical arts and entertainment are considered the lifeblood of the industry, especially when it comes to London's West End shows. The sad thing is, they can't even afford to go to a show if they wanted. This is one of…
Prepare for another 12 months of inflation say professional investors and watch out for the perils…
SPECIAL REPORT
Is your SIPP and mortgage in the best possible health to hedge against inflation and rising rates?
Professional investors that invest on behalf of institutional and pension funds have predicted that the UK, parts of…
Self-employed tradespeople have something to celebrate
Earnings of self-employed tradespeople bucked the annual trend of an August slow-down. Hudon Contract, a payroll business catering to sub-contractors in the trade, puts this nice boost down to more infrastructure projects coming online and…
Tesla Optimus Robot: what would you programme your Humanoid to do?
Elon Musk revealed two Optimus prototypes at Tesla AI Day 2022, promising to make the robots as quickly as possible, eventually selling millions, which could allow humanoids to become available to the masses.
🤖If you could someday…