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Covid drives entrepreneurial surge in Scotland

New research has suggested that Scotland is home to the highest number of budding entrepreneurs in the UK as a result of Covid, with one in 10 who hadn t previously planned on starting a business saying they now want to strike out on their own.
Accorging to the survey from accounting software company FreeAgent, Scots at 10.2 per cent were followed by Londoners (7.8%), and those based in York (7.7%) who who want to go freelance or start their own business in the wake of the pandemic.
Overall, nearly a third (31.8%) of Scottish adults are making such plans for some point in the future. Looking at the figures in more depth, 7.4% of Scots plan to start their own business during 2021, a further 7.4% plan to strike out in the next couple of years and 17% are planning to do so at some point in the future. ....

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Self assessment tax return warning issued as deadline nears - guidance shared | Personal Finance | Finance

| UPDATED: 12:30, Thu, Dec 24, 2020
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Self-employed workers have been hit particularly hard by coronavirus this year and as such, falling behind on their tax obligations may be the last thing they want to deal with going forward. If going by last year s figures, there may be evidence for a tax paying rush emerging before January even arrives. ....

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