The Bank of England’s latest interest rate hike to 1.25% in June might not take us anywhere near the terrifying heights of 17% seen back in 1979, but for many it may turn out to be the final financial straw. Compounded as it is by a cost of living crisis where inflation has already hit a 40-year high of 9.1% and is expected to go into double figures later this year, the economic situation is grim…
Continue reading What can unincorporated businesses do when struggling with debt?
Tag: self-employed
Managing holiday requests as lockdown eases…
After more than a year of ups and downs, cancellations and lockdowns, holidays have been in short supply. So as lockdown restrictions begin to gradually lift, many people will be eager to find out when they can book their next break.
Continue reading Managing holiday requests as lockdown eases…
Self-employed, worker or employee – Are you classifying correctly?
Last Friday the long-awaited result of Uber v Aslam, a high-profile case which delved into the subject of employment status, came to a head at the Supreme Court…
Continue reading Self-employed, worker or employee – Are you classifying correctly?
Mortgages for Business Owners – Myth Busting!
There’s no such thing as a ‘self-employed mortgage’, lenders offer the same mortgages to self-employed borrowers as they do to the employed. However, it is important to know that they will assess an application differently and there are several areas worth considering…
Continue reading Mortgages for Business Owners – Myth Busting!
Independent Contractors or Workers?
There have been a string of cases over the last year concerned with the “Gig” Economy. So what is it? The “Gig” Economy is, essentially, characterised by someone who, rather than getting a regular wage, is paid per “gig”, such as a delivery, a car journey or a plumbing job. Businesses have traditionally sought to assert that those people engaged on this sort of basis are independent contractors as opposed to workers or employees. Increasingly, the Employment Tribunal has seen significant challenges to that status.
Continue reading Independent Contractors or Workers?