Autumn Statement Shows Cost of Casual Work ‘Gig Economy’

BBC News – November 24, 2016

The UK’s “gig economy”, powered by self-employment and casual work, is starting to hit government revenues. Wednesday’s Autumn Statement for the first time showed how it is cutting into the government tax take. The Office for Budget Responsibility (OBR) estimates that in 2020/21 it will cost the Treasury £3.5bn.

 

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