Although it isn’t impossible, many self-employed workers can find it more difficult to obtain a mortgage.
Contractors are continuing to thrive, despite the current political turmoil that the UK is experiencing.
On IR35, Engage states: “The simple fact is, lengthy, broken and siloed data collection and storage processes make it unnecessarily difficult to correctly define a workers employment status quickly”.
More employers are turning to contract/temp staff in order to support their businesses while the long-term economic picture is unclear.
‘To run the railways that the country relies on, Network Rail need the flexibility that specialist contractors offer’, say the Association of Independent Professionals and the Self-Employed.
Of those who have experienced stress in the workplace, one in 25 (4%) reported it was so serious that they had to leave a job. This rises to 5% for women and falls to 3% for men.
With the average cost of petrol and diesel rising, this will have an impact on the many self-employed workers who need to travel for their work.
Construction output rises for the first time since January, while residential work expands at the fastest pace for four months.