Are you thinking about a job change? It might be slightly better pay, but will you feel truly satisfied? If the answer is a straightforward ‘no’, then why not think about becoming a freelancer? With instant access to hundreds of thousands of jobs online, the world really is your oyster!
Amidst the clamour surrounding last year’s divisive (and final) Autumn Statement, you might have missed the news that the standard rate of Insurance Premium Tax (often abbreviated to IPT) was increased from 10% to 12%, effective from 1st June 2017.
As is often the case, time seems to have moved rather quickly since then. With the increase less than a month away it’s worth considering completing any insurance purchase you may have been putting off. Of course, if you already have insurance in place then you have nothing to worry about (although you might want to warn a friend or two!)
Becoming a first-time contractor is exciting. A new venture, a chance to make your own money, and to set your own working rules. So if you’re just starting out on your own the following four mistakes are ones you can take steps to avoid.
Take note, and happy contracting!
It’s not often that a serene weekday evening at the end of March produces a football match for the ages. But then it’s not often that the mighty Kingsbridge Casuals face-up to close rivals 1st Option FC. The leafy confines of Stratford-upon-Avon provided a suitably deceptive location for a thunderous battle between two evenly-matched sides (on paper, at least.) Were it not for the unfortunate lack of substitutes on the 1st Option bench it’s likely that proceedings would have been closer, but after a promising start the match ended a one-sided affair: 15 – 8 to the men in yellow and black.
‘Tis the season for indecent amounts of chocolate and an apparently endless array of terrible, egg-based puns. Not being ones to miss out on the fun, we’ve decided to double down on both.
Between now and Thursday 13th April we’re giving away a free personalised Easter egg with every policy purchase made online or over the phone. It couldn’t be easier to egg-splain – simply complete your purchase as normal, and you’ll receive your very own Easter egg in the post a few days later. Why not whisk it?
You can purchase your insurance on our website here. Alternatively, you can give one of our eggs-pert Customer Service Advisors a call on 01242 808740.
If you had a “normal” nine-to-five, you’d be joyously gearing up now for the spring Bank Holiday “season”. Easter is rapidly approaching with Good Friday and Easter Monday as days off for most employees (we even know some people who get a half-day on the Thursday), followed by the Early May Bank Holiday on 1 May and the Spring Bank Holiday on 29 May. That’s four extra paid days off within roughly six weeks of each other.
However, you don’t have a “normal” nine-to-five. You’re a contractor or a freelancer, which means there are four days coming up where it seems you either have to work when everyone else is off (including your partner and kids), or take the time off and just not get paid.
We all grow up (eventually). There comes a time when we have to move on to bigger and better things. Since we formed Kingsbridge in 2001 we’ve grown year on year. We’ve moved from a small barn in the middle of the countryside to having offices in several major UK cities. We opened our first London hub earlier this year. But we still haven’t finished.
It already seems like a lifetime since the Chancellor presented his controversial Spring Budget last Wednesday. It’s fair to say that Mr. Hammond probably feels a good few years older this week than last, but breaking a set-in-stone manifesto promise and incurring the combined wrath of the national press and Britain’s many million strong army of self-employed will do that to you. Of course, his announcement that Class 4 NIC payments for the self-employed will rise by 2% up to 11% by 2019 has since been reversed in one of the more embarrassing political u-turns of recent times, but doubts still remain.
Recently we saw this article on The Guardian’s website about the Mums Enterprise Roadshow and, what with it being International Women’s Day, it got us thinking about being a contractor and a working mum, and what that means.
To return or not to return?
Many mum’s nearing the end of their maternity leave face something of a dilemma when it comes to returning to work. If you decide to return full-time, you have the excessive costs of full-time childcare to deal with. If you decide to return part-time or on a flexible basis, you may find your employer less amenable, and that’s if they accept your flexible working request at all.
“Since a politician never believes what he says, he is quite surprised to be taken at his word,” Charles de Gaulle once noted. Although the principle isn’t quite the same in this case, it would seem that Phillip Hammond might be quite surprised at the disappointed reaction to his announcement that Class 4 NIC payments for the self-employed will rise by 2% up to 11% by 2019.
Why the consternation? Hammond’s announcement is a direct volte-face of a previous Tory manifesto commitment made by his predecessor as Chancellor, George Osborne. In fact, as Chuka Umunna noted on Twitter during the Budget announcement, the 2015 Conservative manifesto promised four times not to raise National Insurance.