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 […]

Two In Five Employees Have Considered Going Freelance

Against a backdrop of declining numbers of self-employed people since 2019 (a decrease of 800,000), a report published by IPSE on National Freelancers Day reveals many positives about this way of working: Almost two-fifths of employees (39%) reported that they have considered working for themselves; A third of employees (33%) believe that they could make […]

Young Business Owners Increase Five Fold

There has been a staggering five fold increase in business owners aged under 24, which has soared from 1.7% to 8.6% of all businesses.  Data from website hosting platform GoDaddy and the University of Kent has revealed that the pandemic acted as a “gale of creative destruction”, forcing many businesses to close whilst also opening […]

Temps Continue To Prop Up The Economy

Today’s ONS labour market data show our increasing reliance on temporary workers, who’s numbers have increased by 7.7% on a seasonally adjusted basis to approximately 1.67 million for the three-month period from December 2021 to February 2022.   The number of temps as a percentage of total employment was 5.97%, up from 5.61% when compared to […]

035 How To Compete With Big Players

The great thing about being self-employed is being able to work with your choice of clients, but how can you compete with the bigger players in your industry?  As a one-person business it can be a struggle, especially if you’re up against firms that are well known and been around for years.  But it doesn’t […]

033 How To Ensure You Actually Get Paid!

Freelancing should never actually be free!  But sometimes it can be really difficult to ensure you actually get paid on time by your clients, which can then have a significant impact on your business and personal finances.  So we’re talking to Helen Arney who specialises in helping self-employed people and businesses get paid, and she […]

032 Wondering Where to Start With Your Website?

We all know that businesses need a website, but what if you’re going it alone and not sure where on earth to start?  When it comes to creating a website, it’s easy to be overwhelmed – so we were pleased to sit down with Lisa Rees to demystify the process for us.  Lisa, aka Website […]

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 […]

Proposed Change To Self-Employed Accounts Should Be Dropped

In line with our position here at IWORK, the Institute of Chartered Accountants in England and Wales (ICAEW) has argued that HMRC’s proposal to change how self-employed people manage and pay their tax should be dropped. The proposal would replace the ‘current year basis’ method for establishing taxable profits / allowable losses with a ‘tax […]