Qdos Annual Contracting Survey Results
The results are in. Qdos have released their annual contracting survey results for 2021, and key insights from self-employed sole traders include: Nearly half of survey respondents (45%) said that the pandemic had a negative impact on their business, with the majority (78%) losing up to 50% of their earnings; They were divided in terms […]
A Final Kick In The Teeth For The Excluded
In a final kick in the teeth for many self-employed and PAYE company directors who were excluded from the government’s COVID financial support, it has now been confirmed that the Treasury expects to recover only £1 of every £4 fraudulently claimed during the pandemic. Unbelievably, this means writing off £4.3bn of the £5.8bn of taxpayer […]
One In Four Are Considering Leaving Self Employment
Many self-employed people are still struggling to rebuild their business to where it was pre-pandemic, with one in four (23%) saying that conditions are so bad that they are considering stopping self-employment altogether. Other insights from latest research by Aldermore Bank are: Over half (51%) of self-employed people think their financial situation has become worse […]
020 Dealing With Trauma – A Smorgasbord of Options
Recently we have seen many heart-breaking social media posts from self-employed business owners facing the prospect of closing their business through no fault of their own – because the prolonged impact of the pandemic has meant no other option. The trauma of closing your business should not be underestimated, it is like losing part of […]