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Budget (6): Small business owners to feel the pinch
Susie Hughes [Political News] 12:35 10/03/17
The Chancellor announced two changes in a step to reduce the tax differential between the self-employed, director-shareholders and the employed. These changes include an increase to the main rate of national insurance contributions (NIC) paid by the self-employed and a reduction to the new dividend allowance.
Budget 2017 (5): Accountants reaction to small business tax clampdown
Susie Hughes [Political News] 11:23 10/03/17
When the Chancellor Philip Hammond announced his Spring Budget to Parliament, the wider implications are sure to affect SMEs across the UK. But will those changes be beneficial or detrimental to conditions for the UK’s owner-managed businesses?
Budget 2017 (4): Budget twists the knife into freelancers and contractors
Susie Hughes [Political News] 22:14 08/03/17
Contractor tax advisor, Qdos Contractor, has responded to the Budget with concern, as the Chancellor, unveiled the Government’s plans to build ‘an economy that works for everyone’, but seemingly not those working for themselves.
Budget 2017 (3): Continued pressure on small firms and self-employed
Susie Hughes [Political News] 21:52 08/03/17
The Forum of Private Business has given the Chancellor four out of 10 for his Budget announcements, with a warning that continued pressure on small businesses and the self-employed is short sighted as we look to get Britain trading again.
Budget 2017 (2): Self-employed hit hardest by Budget tax rises
Susie Hughes [Political News] 14:08 08/03/17 | Comments: 7
The self-employed were the biggest losers in Chancellor Philip Hammond’s Budget, according to freelancer group IPSE.
Budget 2017 (1): 'Unfairness' of tax system which favours self-employed
Susie Hughes [Political News] 13:47 08/03/17 | Comments: 1
Often in the Budget, the devil is in the detail in the announcements which follow the Chancellor's speech, but on this occasion, Philip Hammond made it clear from the Dispatch Box that he and the Government wanted to act on what they perceive as an unfairness in the amount tax paid by employed compared to self-employed or limited company directors.
Budget 2017: Shout99's coverage for freelancers
Susie Hughes [Political News] 10:07 08/03/17
The Chancellor's Budget speech will take place today (Wednesday, March 8, 2017) at 12.30.
Responsibility for contractors' IR35 lies with public sector clients
Susie Hughes [Political News] 11:55 09/12/16
The details relating to the controversial public sector off-payroll legislation have revealed the surprise that the responsibility for deciding if IR35 applies will be with the client or 'end-user'.
AS2016 (4): Complexity for freelancers with changes to VAT scheme
Susie Hughes [Political News] 12:16 24/11/16
The changes to the VAT Flat Rate Scheme as announced in the Autumn Statement could bring complexity and further uncertainty for freelancers and small businesses.
AS2016 (3): Fury at clampdown on public sector contractors
Susie Hughes [Political News] 11:47 24/11/16
The Autumn Statement dealt a blow to freelancers who work in the public sector, as the Government ignored pleas from industry and trade bodies to rethink their clampdown.
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