A recent report surveying nearly 5,000 workers and 100 businesses has revealed that the majority believe that more regulations are needed in order to protect UK gig workers.
Latest Report on Jobs reveals overall positive results for the UK’s contractors, with the particularly good news that growth of demand for contractors remained stronger than that for permanent workers in the public sector.
LITRG is urging that HMRC publicise new income allowances when they come into force, as there are concerns that without appropriate publicity or guidance, some taxpayers may register for self-assessment and complete a tax return when they do not need to do so
A one year delay has been announced by the government with regards to the removal of Class 2 National Insurance contributions (NICs) in order to enable consultation on the impact of its abolition on the self-employed on low incomes.
Despite ongoing uncertainty with regards to the UK economy last quarter, businesses up and down the country are proving to be resilient as Britain experiences a widespread jobs boom.
With the IR35 public sector reform causing such havoc with the NHS and London Underground, it has now been revealed that there are serious talks about whether these changes will apply to the private sector too.
The LITRG have warned that without changes to universal credit for the self-employed, there is a high chance that people will be discouraged from starting up a self-employed career altogether.
SMEs currently contribute £202 billion to the economy – a yearly report has predicted that smaller sized businesses that are based in the UK’s top 10 cities will contribute an estimated £241 billion to the country’s economy by 2025.