Money News

Comparing Fees For Freelance Marketplaces and the Escrow System

You have the freelance marketplace, and the escrow system but which one is best? WondaPay discusses here.

Apr 28, 2022 | Money News

Freelancers, don’t do a Boris Becker if bankrupt – instead play it straight

How the self-employed can avoid matching the financial double fault of the former men’s world No. 1 tennis player.

Apr 26, 2022 | Money News

Why freelancers need to increase their rates now

If you're a freelancer, there’s a good chance you’re not charging as much as you should. Find out why freelancers need to increase their rates now.

Mar 21, 2022 | Money News

Shrewd or Scrooge-like? Accountants assess the Christmas self-assessors

HMRC can count on 2,828 ‘festive filers’ not needing its new penalty waiver, as for them tax trumped turkey.

Jan 11, 2022 | Money News

How will the coronavirus pandemic impact your tax return in 2022?

Key dates and deadlines for your self assessment and how covid19 might impact what you need to submit. 

Jan 6, 2022 | Money News

A UK freelancer’s overview of VAT

All you need to know about VAT if you’re self-employed, especially as Brexit looms.

Jan 19, 2020 | Money News

Should I register with HMRC if my income is under the personal allowance?

All newly self-employed with £1k earnings must tell the taxman, albeit no longer in the first three months.

Apr 30, 2019 | Money News

Sole traders glad to see green light for pensions dashboards

User-friendly interfaces should open up nest eggs to those who don’t currently have them -- FSB.

Apr 10, 2019 | Money News

Freelancers’ Questions: Are digital tax accounts for freelancers now live?

Turnover tells you if your freelance outfit is now expected to be digital for VAT purposes.

Apr 9, 2019 | Money News

Music biz owner jailed for not playing by VAT rules

Instrument tuner put behind bars for orchestrating a £240k fraud.

Mar 29, 2019 | Money News

Creatives endure two-week wait to get paid

And that's on top of potentially prohibitive payment terms of up to 120 days.

Mar 28, 2019 | Money News

MTD burden won’t be an excuse not to pay VAT digitally -- Stride

Minister says HMRC won’t ‘come down like a ton of bricks’ but will ‘hold the line.’

Mar 12, 2019 | Money News

Self-employed mum takes Universal Credit to court

Freelance actor left on less than a tenner a week will  fight ‘illogical’ benefits policy.

Mar 7, 2019 | Money News

Sort 'no-deal' Brexit preparations now, tiny traders urged

Despite well-intentioned advice from officials, the FSB fears it's too little, too late.

Mar 6, 2019 | Money News

Late self-assessors yet to receive £100 penalties

Brexit puts the brakes on fines for filing after the 31st, but ‘you’ll still be charged.’

Feb 25, 2019 | Money News

'Inflation drop will boost freelancers, at least for now'

Respite from high prices is welcome, says IPSE, but not if it’s the start of an economic slide.

Feb 18, 2019 | Money News

More self-assessors meet tax deadline than ever before

Some 700,000 taxpayers prove it can be done last minute, just as 700,000 prove it can't.

Feb 5, 2019 | Money News

'On the first day of Christmas...I did my tax return'

Some 2,500 people followed up Turkey and mince pieces with a self-assessment form.

Jan 6, 2019 | Money News

Lords want digital tax accounts for small traders delayed

‘And even if MTD is postponed, small business owners must be persuaded not pushed.’

Nov 27, 2018 | Money News

Taxman to talk Flat Rate VAT

The lowdown on going flat for VAT to go live tomorrow (and in December).

Nov 13, 2018 | Money News

Fall in inflation 'unlikely to ease freelancers' financial fears'

September's cheaper prices may have merely moderated freelancers' financial anxiety levels.

Oct 18, 2018 | Money News

Freelancers to feel inflationary squeeze 'more than employees'

Rising cost of travel to hard-hit those who have to absorb it themselves.

Sep 21, 2018 | Money News

Freelancers' Questions: Now they're staying, what are Class 2 NICs?

Tax charity clarifies why a levy on the self-employed isn’t going anywhere.

Sep 18, 2018 | Money News

MPs call to bring self-employed under pension auto-enrolment

Tax returns tabled as the means to automatically deduct a small income percentage for your retirement.

Aug 13, 2018 | Money News

Freelancers' Questions: Can I get paid into a bank account in my home country?

‘More straightforward if the client pays in the country they’re in, and you’re from.’

May 23, 2018 | Money News

MPs make Universal Credit ‘freelancer-friendly’

A ‘creaking system’ penalising the self-employed is being re-jigged to be ‘pro-business.’

May 14, 2018 | Money News

Boost freelancer pensions with 30% bonus, says RSA

Flat-rate treatment for all, including sole traders, hailed as too big a prize to ignore.

Apr 23, 2018 | Money News

Hammond told how to fix Universal Credit for self-employed

Chancellor given nine ways that low-income freelancers need the system to change.

Nov 21, 2017 | Money News

Universal Credit's critics hope Hammond helps freelancers

A system that leaves the self-employed £2,600 worse off is set to be fixed this week.

Nov 19, 2017 | Money News

Commuting freelancers hit by inflation's five-year high

Road, rail and food costs help push inflation to its highest level since early 2012.

Oct 18, 2017 | Money News