Self-employed news

Pension saving among self-employed people is still too low, according to Unbiased research. But by getting a better understanding of your pension, you can build a more positive attitude towards it and maximise its tax-busting powers. Article by Nick Green.

The pandemic and resulting lockdowns have hit self-employed people especially hard – and one of the side-effects has been a fall in their pension contributions. Nick Green warns of the potential ‘long Covid effect’ on retirement income for the self-employed.

The line between the office and the home has blurred for many of us since the start of the pandemic. Whether you love home working, hate it or don’t really mind, there’s evidence that this blurring is bad for both employers and workers – but there are some simple remedies. Article by Nick Green.

Belonging to an ethnic minority or being a home renter are just two of the factors putting people at risk of insufficient pension savings, according to a new report. We take a deeper look at who is more likely to be retirement-ready, and who may need to save harder. Article by Nick Green.

Brits still have unrealistic expectations of when they’ll be able to retire – and it’s a worrying sign of how little they think seriously about their pensions. Nick Green compares the dreams with the realities and explains how to bring them closer together.

The government has enhanced its support package for businesses, employees and freelancers affected by the coronavirus lockdown, following complaints that many have been unable to access help. So what’s changed?

One in two freelancers are now actively paying into a pension scheme, a new study has found. But despite this greater uptake, over two million self-employed people face serious questions over how they will fund their retirement.

Is Sherlock Holmes’s hat tax-deductible? Does Mary Poppins claim for professional indemnity insurance? The tax returns of fiction’s greatest heroes and villains have been a closed book – until now! We bring you the most page-turning guide to self-employed expenses you’ll ever read. Article by Nick Green.

Working as a contractor through your own limited company can be very rewarding, and not just financially. That said, it can sometimes be a bumpy ride. Carl Roberts, Chartered Financial Planner at RTS Financial Planning, looks at the main hazards and how to conquer them.

Nearly half of the UK’s self-employed workers may have to rely on just the State Pension in retirement – which a recent report has found to be the ‘least generous’ in the developed world. As the gig economy grows, a potential pensions time bomb is growing with it.