‘I’m heading for a breakdown’ – how tax rule changes are pushing freelancers to the edge

Most of the people I work with in infosec projects are contractors. HMRC itself relies on contractors to run IT. These rule changes are going to delay a lot of projects…:

One in three contractors are suffering mental health problems or contemplating suicide because of impending changes to IR35 rules

Freelancers are close to having nervous breakdowns and some are considering suicide over tax rule changes that have inadvertently left them struggling to make ends meet.

Almost a third of self-employed contractors are experiencing anxiety or suicidal thoughts due to the impact of the impending reforms coming into force in April, according to a study by tax firm InniAccounts.


Original article here