New research by AXA Business Insurance busts some of the most prevalent myths about being self-employed in today’s Britain. According to the survey, part of the company’s annual Stress Index, those working for themselves are less stressed, have a better work-life balance and better mental wellbeing than everyone else. Pain points did emerge, however: being
The post Self-employed are the least stressed in today’s Britain appeared first on Small Business.
Tag Archive for Self-Employed
Hot Business News Today
Report calls for changes to universal credit for the self-employed
by Owen Gough • • 0 Comments
A new report published today by the Low Incomes Tax Reform Group (LITRG) calls for changes to the universal credit system for self-employed claimants. Without such changes, the group warns that there is a very real possibility that people will be discouraged from starting self-employment and existing claimants may be forced to give up their
The post Report calls for changes to universal credit for the self-employed appeared first on Small Business.
Hot Business News Today
Self-employed risk losing £300 billion a year to lack of financial protection
by Owen Gough • • 0 Comments
Ninety-three per cent of the UK’s self-employed workforce have no critical illness cover, leaving people open to financial ruin if forced to take long-term sick leave, according to new research from Scottish Widows. This is despite business owners spending an average of £9,700 and six-and-a-half months of their lives setting up their ventures. And with
The post Self-employed risk losing £300 billion a year to lack of financial protection appeared first on Small Business.
Hot Business News Today
No hope for two thirds of self-employed first time buyers
by Owen Gough • • 0 Comments
Getting on the property ladder in the UK is no mean feat, even more so for those who are self-employed. The latest quarterly FirstTime Buyer Index, published by Aldermore, finds that two thirds (67 per cent) of aspiring first time buyers feel that getting on the property ladder is difficult. Self-employed woes New insight shows that
The post No hope for two thirds of self-employed first time buyers appeared first on Small Business.
Hot Business News Today
Budget 2017: Hammond punishes self-employed with hike to national insurance
by Ben Lobel • • 0 Comments
Millions of self-employed people face a stealth tax rise of 2 per cent in national insurance contributions, Philip Hammond has announced. The announcement starts the process to bring the tax rate in line with employed workers. The move is a response to the current situation, which sees self-employed workers pay lower national insurance tax and ‘undermines the fairness
The post Budget 2017: Hammond punishes self-employed with hike to national insurance appeared first on Small Business.
Hot Business News Today
Entrepreneur nation – Four million Brits to become self-employed
by Owen Gough • • 0 Comments
Great Britain is a nation of aspiring entrepreneurs, according to a new report from Aldermore, the specialist lender and savings bank. Just over one in seven, the equivalent of four million British workers want to become self-employed at some point in the future, and more than one fifth (22 per cent) saying it has always
The post Entrepreneur nation – Four million Brits to become self-employed appeared first on Small Business.
Hot Business News Today
Self-employed earn more and work less than salaried workers
by Owen Gough • • 0 Comments
The UK’s self-employed workers earn £33K average annual revenues, work fewer hours and are happier than those in traditional employment according to the latest set of findings from the ‘Definitive Study of the Self-Employed,’ commissioned by Intuit QuickBooks. Research among 5,010 UK self-employed found these workers generated mean annual revenues of £32,623 (£5,000 more than
The post Self-employed earn more and work less than salaried workers appeared first on Small Business.
Hot Business News Today
Self-employed freelancers just want a hug for Christmas
by Owen Gough • • 0 Comments
Over half of self-employed freelancers have told ContractorCalculator that all they want for Christmas is a great big hug and to spend time with their family, reinforcing that the self-employed freelancers work tremendously hard for their clients – a fact backed up by the findings that 31 per cent of them will have less than
The post Self-employed freelancers just want a hug for Christmas appeared first on Small Business.
Hot Business News Today
Self-employed waste 15 working days a year unpicking income
by Owen Gough • • 0 Comments
A blurring of personal and business income is causing significant problems for the UK’s self-employed workforce, according to the first set of findings from the ‘Definitive Study of the Self-Employed’, commissioned by Intuit QuickBooks. Research among 5,010 self-employed workers in the UK found that on average they spend over two hours per week separating business and
The post Self-employed waste 15 working days a year unpicking income appeared first on Small Business.
Hot Business News Today
Self-employed people struggle to get a mortgage
by Ben Lobel • • 0 Comments
Some 12 per cent of self-employed workers have been turned down for a first-time mortgage or remortgage, underling the problems of proving income and affordability for customers who are not full-time employees, according to a survey by the Nottingham Building Society. The Nottingham’s study highlights how it is not down to having a lower income; nearly
The post Self-employed people struggle to get a mortgage appeared first on Small Business.