Coronavirus Freelancers

Economic Package For Freelancers Elicits Mixed Response From U.K. Industry

Reading now: 515
variety.com

The long-awaited economic measures for the self-employed revealed by U.K. Chancellor of the Exchequer Rishi Sunak on Thursday have elicited mixed response from the film and TV industry’s predominantly freelance workforce.

Self-employed individuals can claim 80% of their average income over the last three years up to £2,500 ($3,000) a month, which is taxable.

To be eligible, individuals must earn more than 50% of their income from being self-employed, have trading profits of less than £50,000 ($61,000), and have a self-assessment tax return for 2019. “The Chancellor has come through, but not without strings,” Shilpen Savani, employment law specialist at law firm Gunnercooke, tells Variety. “You must be able to prove your income, and make

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA