Self-employed

Tax

Self-employed hit with interest rate hike on overdue tax bills

HMRC imposes 7.5% interest rate on overdue self-employed tax bills from Monday, July 31

Business Ideas & Planning

A small business guide to self employment

Being self-employed means, you are captain of your own ship. But there are key decisions to make before you quit full-time employment, unless you want your ship to run aground

Making Tax Digital

Making Tax Digital mothballed for millions of self-employed

HMRC postpones Making Tax Digital income tax reporting for millions of small businesses, raising threshold to £30,000 income from April 2026

Accounting

Self-employed Making Tax Digital faces delay until 2026

Treasury set to announce two-year delay to rolling out its Making Tax Digital system to the self-employed and microbusinesses earning over £10,000 from April 2024 to 2026

News

Autumn Statement what it means for small business

As predicted, Chancellor Jeremy Hunt clobbers small businesses with stealth tax raids on VAT and National Insurance but there's good news with enhanced help for retailers, hospitality and leisure when it comes to business rates

Taking payments as a small business

Best mobile phone payment for self-employed

Payment devices you carry around with you have revolutionised how customers pay. We look at six of the best mobile card readers

Sole trader

How Liz Truss can win over the self-employed

Truss needs to unveil a plan that can revitalise a sector that contributes £303bn to the UK economy, says IPSE’s director of policy Andy Chamberlain

News

Self-employed people struggle to get a mortgage

Nearly one in eight self-employed people have been rejected for mortgages since working for themselves despite often earning more than in their previous full-time employed job, research finds.

Setting up a company

Everything you need to know about going self-employed

In this piece, we discuss the process of going self-employed and speak to business owners about the lifestyle changes they experienced.

News

Number of self-employed people continues to soar

The number of self-employed people has risen by 98,000 in the three months leading up to November 2015, compared to the same period in 2014, according to figures from the ONS.

Accounting