Self-employed individuals are vital to any community and economy. Collectively, they are a tax-generating powerhouse. So, what happens to a nation’s economic growth and social programmes when self-employment numbers decrease year-on-year? OPINION The economic consequences of depleting self-employment in the UK are stark. Approximately 800,000 people have left self-employment in the UK since lockdowns were […]

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OPINION Following the publication of the government and HMRC joint report on the introduction of IR35 reform in the private and voluntary sectors, IR35 experts have highlighted what they see as a “red herring” which indicates that freelancers, contractors and the self-employed are not treated with the same respect and care as other taxpayers, despite […]

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IR35 seen as ‘biggest threat’ to £300bn contracting sector in 2022  Ten times more contractors are most concerned by IR35 than the impact of the pandemic A spree of cyberattacks on umbrella companies has left inside IR35 workers scrambling to get paid On average, contractors rate HMRC’s IR35 tool 2 out of 10 when asked […]

The post Inside IR35 v. the pandemic: which is the bigger threat to freelancers in 2022? appeared first on Freelance Informer.