Side Hustle Tax Is NOT New!

There has been a fair bit of chatter online about a new side hustle tax that came in from 1 January 2024, but in fact this is NOT a new tax at all.  All that has changed is that online marketplaces (such as Amazon, Airbnb, Deliveroo, eBay, Etsy and Uber) must now report directly to HMRC […]

Once Again HMRC Decides Not To Answer Their Phones!

Once again self-employed people are de-prioritised and mistreated by HMRC. In a shocking disregard for their ‘customers’, and with no prior warning, HMRC has announced that the majority of self-assessment helpline callers will be redirected to resolve their own queries themselves online.  Instead of providing the full and proper helpline service that we’ve come to […]

Contractor Mortgages: Your Top 10 Questions Answered

The thought of securing a mortgage as a contractor without a regular paycheck might seem like an uphill struggle. But fear not. Whether you’re treading the path of homeownership for the first time, looking to move home or buy a rental property, we have the answers. Based on the most common questions we field, this […]

Self-Employed Drivers Can Claim Tax Relief on ULEZ

Self-employed drivers are entitled to tax relief on London’s Ultra Low Emission Zone (ULEZ), which has been newly expanded to cover almost the whole of greater London.  A Transport for London spokesperson said: “Rules around tax deductible expenses will apply in the usual way to ULEZ charges.” HMRC confirmed that the relief is applicable to […]

Trade Unions Urge Labour MPs To Support Self-Employed

Progressive politicians should adopt a raft of new policies to create security and opportunity for the self-employed.   The proposals are contained in a manifesto from the Fabian Society and two unions representing self-employed workers – Community TU and Prospect/Bectu. Working for you: a progressive manifesto for the self-employed calls on politicians to: Create a government […]

Nearly Half Of Self-Employed People Are Aged 50+

Nearly one in two (48%) self-employed workers are aged 50 or older – the highest proportion in the past decade – according to new analysis from Rest Less. In its latest analysis of bespoke data from the Office of National Statistics (ONS), Rest Less – a digital community and advocate for people aged over 50 […]

Warning: Have You Received Income From Online Sources?

Lots of people sell good or services online through platforms such as Ebay, Etsy and Amazon, and income earned in this way should be declared to HMRC.  Similarly, if you generate income from your social media presence as an influencer or by creating content for platforms such as YouTube, TikTok or Instagram, this income must […]

Late Payments Particularly Brutal For Self-Employed

If you’re self-employed then you’ll probably already be familiar with the scourge of invoices being paid late, and the challenges that presents both to you and your business.  This is not a new issue, the problem of late payments has been around for years and is the reason why the government instigated the Small Business […]

Self-employed Construction Workers’ Earnings Increase

Self employed pay rates within construction have exceeded cost of living increases according to reporting by Construction Enquirer.  Demolition workers, plasterers, plumbers, roofers and scaffolders have seen weekly pay over the year keeping ahead of the UK official inflation rate, which has climbed to 9.1% over the year since May 2021. Self employed trade weekly […]