The UK’s freelance community is facing a potential slowdown in hiring opportunities in the last weeks of 2024 as businesses grapple with economic challenges and re-evaluate their growth strategies. This concerning trend was highlighted by CBI CEO Rain Newton-Smith in a recent speech at the CBI’s Annual Conference. However, when opportunities do arise, contractors must […]

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The UK government has announced a major shake-up of the temporary labour market, aiming to tackle widespread tax avoidance within the umbrella company sector and improve conditions for workers. Legislation will be introduced that will shift the responsibility for Pay As You Earn (PAYE) from the umbrella company to the recruitment agency supplying the worker. […]

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Chancellor of the Exchequer Rachel Reeves has painted a grim picture of the nation’s public finances in her speech this week, axing spending pledges made by the former government that weren’t already funded. That’s according to Sarah Coles, head of personal finance, Hargreaves Lansdown who says Reeves has “also set the scene for hard choices […]

The post Tax hikes could be on the cards. Here’s how can you protect hard-earned cash appeared first on Freelance Informer.