Episode 294 - In this week's podcast we discuss a potential tax-trap that is impacting self-employed workers and freelancers in the wake of the pandemic and provide some tips on how to avoid it. I also provide some insight into negative interest rates and what it could mean for your finances. Finally, with the stamp duty holiday due to end in around five months time, we give a few tips on how to sell your house quickly.
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Click on either media player below to listen to Episode 294 of the MoneytotheMasses.com podcast.
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Resources
The fleecing of the freelancers - Article by This is Money which inspired the tax piece
SA303 form - Reduce your payments on account
Time to pay arrangement - Pay your self-assessment tax bill in instalments
Estimate your income tax - Calculator provided by the Gov.uk website
Dividend Calculator - provided by itcontracting.com