Today in his Spring Budget the chancellor Phillip Hammond announced a reduction in the tax free dividend allowance from £5,000 to £2,000.
While the self-employed helped Britain’s economic recovery, Charlie Mullins believes legislation is needed to ensure the paying of tax is better monitored.
It’s impossible to ignore the rise of the gig economy, so RJP’s Anne Eager explains how HMRC will go about tackling this new tax collection quandary.
Last week Matthew Taylor, CEO of the Royal Society for the Encouragement of Arts, Manufactures and Commerce, embarked on a tour for his review of employment practices. After my experience at the Court of Appeal, I’m looking forward to talking with him – that includes the topic of the self-employed tradesperson.
On the back of his Court of Appeal knock back, Charlie Mullins exclusively tells Real Business why he still believes his stance on employment law is right.
Following a consultation garnering 3,000 response, HMRC has announced how the Making Tax Digital policy will look in action and made amendments to suit concerned businesses.
News that a CitySprint worker has won the right to be called a worker, rather than self-employed, proves rulings are only going one way in the gig economy.
The decision to classify Uber drivers as workers will have impacts far and wide in the gig economy, and could damage a great breeding ground for innovation.
I have numerous clients who have been employed for long stretches in large companies who now want to make a change to gain a better work life balance and work either freelance, start their own business or set up as independents. Sounds easy?
My HR people tell me there is a shortage of good administrators – and this would certainly be reflected in my own current and frustrating attempts to add quality staff to our offices.
On reflection, the UK’s 5.4m SMEs had a good Budget overall today with a number of generous tax breaks, notes Lesley Stalker of RJP.
SMEs are turning away from big banks because lenders are not helping out with serious growth ambitions.