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Freelancers now have dedicated airline
OP-ED
An airline in the US has been launched that will cater solely to freelancers, specifically content creators and brand influencers. Yes, you read that right. The airline, Willa Air, is funded in part by freelancer payment app,…
Inside IR35 contractors say goodbye to old salaries and weekends
IR35 reforms one year on: 60% of contractors report drop in income. Some end-clients are still exhibiting "inside IR35 or leave" blanket ban contractor policies.72% of contractors said that hiring businesses are not taking reasonable care…
Poll: British economy “devastated” by IR35
Changes to the off-payroll working rules in the UK, namely IR35, have had “devastating economic consequences for businesses,” according to a poll of more than 500 companies. Over two in five companies (42%) reported that the IR35 reforms…
Freelancers take client to court for unpaid bills
Freelancers are taking the owner of Dragonfly Digital Video Services to court over thousands of pounds of unpaid bills, it has been reported by Brighton and Hove News.
The news report stated that the news service has spoken to several…
What’s the secret to becoming an ISA millionaire?
There are 973 Hargreaves Lansdown ISA millionaires – up from 576 last year - or 69%.There are 2,000 ISA millionaires in the UK.The average age of an HL ISA millionaire is 72.The most common age among HL ISA millionaires is 73, but we have…
National Insurance threshold hike: will it impact your state pension entitlement?
In April 2022 the Health and Social care levy comes into effect. This is a 1.25 percentage point increase on National Insurance contributions.The Chancellor had been under pressure to scrap the increase in the face of the rising cost of…
NI threshold raised to £12,570 but some freelancers will be worse off next year says expert
NEWSFLASH
From July, the National Insurance threshold will rise to £12,570 (it had been scheduled to rise from £9,568 to £9.880). 70% of people will pay less NI than they do this year.Income tax will be cut by the end of the parliament…
P&O Ferries: Will British agency staff ever trust the maritime sector again?
Crew Inspections Have Started On P&O Ferries As Airlines Step In To Recruit Redundant Staff
The Maritime and Coastguard Agency will be carrying out inspections before any of the eight P&O Ferries affected by the mass…
PSCs and contractors can reclaim duplicated taxes
If a contractor’s personal service company (PSC) and the agency or client that has engaged them have paid tax on the value of the same contract, the PSC and/or contractor should be able to reclaim any duplicated taxes, according to…
5% fuel duty cut welcome but the government is still making 80p per litre at the pumps
Fuel duty is a drop in the ocean, says personal finance expert. Others serving self-employed workers are asking for tougher, perhaps unpopular measures
The Spring Statement has cut fuel duty by 5p a litre.Currently fuel duty costs…