TIME TO REVIEW CONTRACTOR PAY RATES?

Many contract workers are asking themselves the same question right now; is it time to review contractor pay rates? Contractor insurance specialist Kingsbridge has written some advice on how contractor pay rates should be approached. Less Money The Kingsbridge blog looks at how to increase contractor pay rates without alienating...

SELF-EMPLOYED REMORTGAGE: IS IT POSSIBLE?

Self-employed mortgage specialist CMME is regularly asked 'can I get a remortgage while self-employed?'. In a new article the company reveals the short answer is yes. CMME highlights there are a few things you should know before approaching a remortgage. These include evidencing your income and the hurdles you might face through the process...

IR35 LEADS TO CONTRACTOR MORTGAGE POLICY CHANGE

Lenders have amended their contractor mortgage policies according to new reports. The changes are attributed to April's IR35 reform in the Contractor Weekly article. New Policy The article says the new policies mean that two banks will offer specialist contractor mortgages to those operating inside the rules. Case-by-Case Contractor Weekly...

HMRC UPDATES OFF-PAYROLL GUIDANCE

HMRC has updated its off-payroll guidance to clarify the situation around IR35 Statement of Work, according to a new article. The ContractorUK piece says the update puts it beyond doubt that SoW are not a ‘silver bullet’ on IR35 which lets contractors and clients ‘off the liability hook.’ Suspicious IR35...

HMRC TOOL LEAVES 200K CONTRACTORS ‘IN LIMBO’

Figures from HMRC show that their own IR35 status online tool fails in one in five cases to determine the IR35 status of contractors, according to news service for freelancers. Shout99 says information published by HMRC under a Freedom of Information release shows that between November 25, 2019, and May...

LOCKDOWN EASING EFFECT ON SELF-EMPLOYMENT NUMBERS

Data from the Office for National Statistics revealing that the easing of lockdown restrictions earlier this year helped to stabilise self-employed numbers has been welcome by self-employment trade association IPSE. The data revealed that although there are still 500,000 fewer freelancers than the same time last year, the total number...