Brexit has dominated headlines and column inches for around two years now but with little certainty on how a final deal will look, it is difficult to know how lea
Freelancers and contractors have welcomed the Chancellor’s decision to drop a National Insurance contributions (NICs) increase that would have affected self-employed people.
Chancellor Philip Hammond told MPs that the government would not proceed with NICs increases laid out in his budget last week after the government came under fire for apparently seeking to break a 2015 manifesto promise.
The Association of Independent Professionals and the Self-Employed (IPSE) has called on the Chancellor to increase the VAT threshold from £85,000 to incentivise self-employed workers.
The plea was issued in response to a government consultation on the VAT threshold.
This consultation was opened after the Office for Tax Simplification (OTS) suggested that the threshold should be lowered significantly to £26,000 - the UK’s national average wage.
It has been three months since Britain decided to sever its ties with the European Union, but lots of us are still unclear exactly what that means and what effect it will have on us in the future.
While many British businesses grapple with Brexit’s consequences, the self-employed people who service them are in a state of limbo.
September did bring some positive signs for Britain’s flexible labour force and experts now suggest that some of the more apocalyptic Brexit scenarios are unlikely. But the black cloud of Brexit and the legacy of so-called ‘Project Fear’ still loom large over freelancers’ heads.