Page 3 - Seb Maley News Today

The self-employed are to benefit from a 1p cut to National Insurance that will leave them £350 better off a year on average.

In a pitch to small businesses and the self-employed, Jeremy Hunt announced he would reform and simplify National Insurance Contributions to help boost growth.

The Conservatives used to be seen as the party of the self-employed. But today the number of people working for themselves is at its lowest level in 12 years, according to startling figures from the Office for National Statistics.

Telegraph Money assesses how likely you are to fall inside the rules

The government lacks the drive to enforce its latest Labour Market Enforcement Strategy, employment status experts have said.

HMRC has reminded self-employed workers, including those with side hustles, that there are less than 100 days until the self-assessment tax return is due. 

The crackdown will mainly focus on Brits who are self-employed or have side hustles - so people who make extra income separate from their day-to-day work

Rent out your home on Airbnb? Drive for Uber? Freelance on Fiverr? From January, these platforms will record your income and soon report it to HMRC…

From January 1, HMRC has instructed popular side hustle platforms - including Airbnb, Fiverr, Uber, Deliveroo and Etsy to record how much money people are making through them and report it

HMRC updated its Check Employment Status for Tax (CEST) tool for IR35 guidance on 2 October.