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Shout99 - the network for freelancers
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Freelancers’ average quarterly earnings are at the second-lowest level on record and the average freelancer did not work five weeks out of 13 this quarter – the second-highest on record.
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Self Assessment customers should be alert to criminals claiming to be from HM Revenue and Customs (HMRC).
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Freelancers and contractors pinpoint IR35 reform as the biggest concern and greatest threat to their businesses despite COVID-19 threat and ongoing Brexit uncertainty.
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Government statistics show that the number of self-employed in the UK dropped by 174,000 between April-June and July-September 2020, leaving the sector at 4.53 million, down from 5.1 million at the end of 2019.
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The Government has announced it will extend the suspension of the Minimum Income Floor (MIF) for Universal Credit until the end of April next year.
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As the country heads for its second national lockdown, a third of the self-employed sector will remain 'wilfully ignored' by the Government plans to offer support.
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Following on from industry objections, HMRC has now issued a statement regarding its intended application of the new IR35 Off Payroll Rules set to apply from April 2021.
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The Chancellor has announced that the amount paid to self-employed people through the Self-Employment Income Support Scheme (SEISS) would double from £1,875 to £3,750.
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Opportunities for contractors in Germany have remained resilient despite the economic impact of the global pandemic, according to a study from agency group, APSCo.
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As the applications to the second round of the Self-Employment Income Support Scheme (SEISS) draw to a close, a self-employed group has claimed that the difference in support for employees and the self-employed is 'grossly unfair'.
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