Freelancers across the UK, particularly in concentrated and high-value areas such as Kensington and Chelsea, the City of London, and Westminster, are facing a bigger financial blow than most as the recent hike in employers’ National Insurance contributions begins to take effect. Research conducted by the Liberal Democrats reveals that workers in the worst-hit regions […]

The post “Jobs tax:” workers living in these areas will be £££s worse off due to ENI hikes finds Lib Dem research appeared first on Freelance Informer.

Students juggling studies with part-time gigs and individuals turning to side hustles to cope with soaring living costs are facing increased scrutiny from HMRC. New guidance issued to platforms like Airbnb, Uber, and Deliveroo outlines stringent reporting requirements on user earnings, set to be shared with the tax authority, HMRC. The Model Reporting Rules, in […]

The post Side Hustles Under Scrutiny: Students and Gig Workers Face Tax Squeeze Amid Cost of Living Crisis appeared first on Freelance Informer.

Want to grow your business but think you can’t afford a helping hand? Santiago Steiner goes beyond the ramen noodle jokes to share why cash-strapped uni students and busy solopreneurs should be collaborating for the benefit of their cash flows and careers Freelancing work can be strenuous and exhausting with most freelancers bearing the workload […]

The post Overwhelmed Freelancer? Cash-Strapped Student? This Unexpected Partnership is Your Answer appeared first on Freelance Informer.

Freelancers are going to have to work more or smarter or both to keep the lights on A Bank of England rate-setter, a Goldman Sachs strategist and an analyst from the Centre for Economics and Business Research walk into a bar. What do they all have in common? They are all preparing us for the […]

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The London School of Economics and the Centre for Economic Performance found that a third of the UK’s self-employed are experiencing financial difficulties paying basic expenses. Many freelancers as a result of the cost of living crisis are having to work longer hours and charge more for their services to survive. Which industries will likely be […]

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Some contractor recruitment agencies, such as Andrew Construction Recruitment (ACR), believe self-employed contractors deserve a Cost of Living pay-out to make ends meet. Such agencies are following the leads of those influencing their industry. In the case of ACR that’s been the likes of house builders Taylor Wimpey and Barratt, which have awarded staff £1,000 […]

The post Will a bonus or Cost of Living pay-out put freelancers in hot water with HMRC? appeared first on Freelance Informer.

If the UK government follows the lead of other European nations by offering free or discounted public transport and energy costs in response to inflation, it seems higher earners could be the ones to benefit most By Philipp Stadle via Scoop.me Some nations in Europe, including Spain, Germany and Austria are offering citizens free or […]

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If things are financially tight now, wait until we have to turn the heating on this winter when power and heating bills will be at their highest. That is why signing up for cashback apps now rather than later could help you build up a bit of savings to put towards your energy bills this […]

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Millions will feel the pinch, but which freelancers could be squeezed the most and why? Plus, what are the quickest ways to cut costs? In April, 91% of people said the cost of living had increased – up from 62% in November. Freelancers, especially those aged 50 to 69 could be feeling the pinch the […]

The post These freelancers could be out of pocket the most appeared first on Freelance Informer.

Going through a divorce in the middle of a cost of living crisis will be difficult for most, but probably even more so for freelancers given their demanding work deadlines and constant juggling between projects. That’s why going through a no-fault divorce could be the least stressful and possibly cheapest way to get through a […]

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