Search Results for: employed

Money troubles are more damaging to wellbeing of the self-employed

Money troubles are more damaging to wellbeing of the self-employed

wellbeingFinancial distress is more damaging to the wellbeing of the self-employed than those in employment, claims new research from Trinity Business School. According to the research, authored by Dr Martha O’Hagan-Luff at Trinity Business School, alongside fellow Trinity academics, financial problems are more strongly associated with lower levels of wellbeing for those that are self-employed. More →

Self-employed sector undermined and diminished by events of 2020

Self-employed sector undermined and diminished by events of 2020

An uphill fight for the self-employedNew research from IPSE, the Association of Independent Professionals and the Self-Employed, claims that the number of solo self-employed people in the UK has fallen by 5 per cent compared to last year. The total number of solo self-employed (excluding those who have others working for them) has fallen from 4.6 million in 2019 to 4.4 million. Until now the sector had been growing continuously for 11 years – by a total of 40 per cent.   More →

Massive increase in numbers of self-employed people on universal credit

Massive increase in numbers of self-employed people on universal credit

self-employedA new report from IPSE (the Association of Independent Professionals and the Self-Employed) suggests that there has been a massive increase in the number of self-employed people on Universal Credit since 2019. More →

New IR35 rules for self-employed riddled with problems, says government committee

New IR35 rules for self-employed riddled with problems, says government committee

A report into the government’s plan to introduce IR35 reforms to the private sector has concluded that it is so flawed that it should be delayed and reconsidered. The committee concluded the rules are “riddled” with problems and unfairness. The authors conclude that the Government has overlooked the potential impact on the wider labour market, including the so-called gig economy. The Committee also heard that many companies were already nervous about the rules and so making blanket status determinations and laying off contractors. More →

Half of self-employed fear they cannot cover basic living costs

Half of self-employed fear they cannot cover basic living costs

self-employedNew research by IPSE (the Association of Independent Professionals and the Self-Employed) claims that almost half (45 percent) of the self-employed fear they will not have enough money to cover basic costs like rent and bills during the Coronavirus crisis, despite the government support on offer. Overall, two thirds (66 percent) also say they are worried they will burn through all their savings in the next three months. More →

Half of self-employed people do not know what IR35 is

Half of self-employed people do not know what IR35 is

New research from FreeAgent conducted with 2000 self employed people in the UK, claims that more than half (57 percent) don’t know what IR35 is. The sets of tax legislation encompassed by IR35, designed to combat tax avoidance by workers and the firms hiring them, is unknown to over half of the people most affected by it – the self employed. The legislation, which has been heavily criticised by tax experts and the business community as being poorly conceived, badly implemented by HMRC and causing unnecessary costs and hardships for genuine small businesses, has not been well communicated to self employed people, the research reveals. Tax experts have predicted that IR35 could reduce a worker’s net income by up to 25 percent and Chancellor of the Exchequer, Sajid Javid, recently announced the Conservative Party’s plan to review IR35 as part of its manifesto. More →

IPSE launches manifesto for the self-employed

IPSE launches manifesto for the self-employed

a self-employed man sits at a computerIPSE (the Association of Independent Professionals and the Self-Employed) has launched #5millionvotes, a manifesto for the 2019 General Election. The manifesto claims to highlight the size and influence of the self-employed sector in the election, as well as outlining the policies parties should adopt to secure the support of freelancers. The number of self-employed has grown enormously in the last ten years to almost 5 million. They are now 15 per cent of the workforce – almost as much as the entire public sector. Collectively, they contribute £305bn to the economy every year, which is enough to fund the NHS twice over. More →

Freelancers and the self-employed need holidays too

Freelancers and the self-employed need holidays too

Taking time off improves the work performance of freelancers, a new study from IPSE (the Association of Independent Professionals and the Self-Employed) claims. The research suggests that almost two-thirds of freelancers believe taking holiday improves their work performance in some way. Asked what advantages came with taking more time off, 63 percent said it improved aspects of their work including productivity, energy, creativity and confidence in their work. More →

Half of self-employed workforce now over 50

Half of self-employed workforce now over 50

Over 50 and self-employedThe number of over 50s working for themselves made up 46 percent of the UKs entire self-employed workforce in the first three months of  2019, according to new research from jobs and volunteering board Rest Less. There are now 2.27 million over 50s who are self-employed – up from 1.45 million 10 years ago, an increase of 57 percent in a decade. The survey looked at data from the Office of National Statistics to highlight self-employment trends amongst the different demographic groups in the UK. More →

Rise in employment led by self-employed and older workers

Rise in employment led by self-employed and older workers

employment figuresAs with the last few months, the latest UK employment figures look like a sea of tranquillity. The number of people in work is up ever so slightly (setting another record), unemployment down slightly again (ditto) and earnings continuing to grow. After a couple of months where there were hints that the labour market might be cooling down, today’s figures suggest that it is heating up once more. However beneath the surface, the numbers highlight some big changes in employment trends – with two things in particular standing out. More →

People with epilepsy twice as likely as average to be unemployed

People with epilepsy twice as likely as average to be unemployed

EpilepsyIn the UK approximately 1 in 100 people (600,000) have a diagnosis of epilepsy, yet despite anti-discrimination legislation, people with epilepsy in the UK are more than twice as likely as those without the condition to be unemployed. That is the main conclusion of a report from IES which included a literature review, interviews with for experts in employment support, clinical practice and applied research, interviews with six employers of different sizes across a range of industries and two focus groups of individuals with varied symptoms and employment histories. More →

Remote working boosts self-employed flexibility and productivity

Remote working boosts self-employed flexibility and productivity

Remote working man with laptop beside lakeRemote working boosts flexibility and productivity among the self-employed, new research by IPSE (the Association of Independent Professionals and the Self-Employed) and People Per Hour claims. The report suggests that freelancers overwhelmingly viewed remote working positively, with nine out of ten (87 percent) working remotely at some point in the last year. More →

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