self-employed - Briefly

HMRC's lower interest rate on late payments overshadows refund disparity

HMRC reduces late tax payment interest rates to 7.25%, highlighting unfair disparities with only 3.75% interest on refunds.

Self-employed individuals are particularly affected by the unfavorable interest rates from HMRC.

HMRC reduces interest on late tax payments to 4.75%, but warns taxpayers to remain vigilant ahead of the January self-assessment deadline.

HMRC reduces late tax payment interest rates to 7.25%, highlighting unfair disparities with only 3.75% interest on refunds.

Self-employed individuals are particularly affected by the unfavorable interest rates from HMRC.

HMRC reduces interest on late tax payments to 4.75%, but warns taxpayers to remain vigilant ahead of the January self-assessment deadline.

Over 3 million workers will see a 6.7% pay rise in April 2025, benefiting both traditional and flexible workers in the UK.

The cost-of-living crisis significantly impacts the self-employed, leading to challenges like irregular income and decreased client bases.

Freelancers and self-employed individuals in Germany need to be aware of tax obligations to avoid unexpected bills at tax season.

The UK self-employed workforce faces a pensions crisis with inadequate savings.

Only 25% of self-employed individuals are expected to retire with sufficient income.

Reeves outlined Labour Party's economic vision, emphasizing cooperation with businesses and commitment to keep Corporation Tax stable.

Politicians are urged to consider the needs of the 4.2m self-employed voters, recommending a tax shake-up to win their support.

Reeves outlined Labour Party's economic vision, emphasizing cooperation with businesses and commitment to keep Corporation Tax stable.

Politicians are urged to consider the needs of the 4.2m self-employed voters, recommending a tax shake-up to win their support.