TikTok and Instagram influencers who employ their own members of staff are among hundreds of thousands of small business owners across Scotland being warned to brace for big tax changes.
Advice Direct Scotland is urging people who run their own social media businesses to check how they will be affected by the changes, due to come into force in April.
The charity, which provides free tax advice through its service taxadvice.scot, says some online entrepreneurs and small businesses may be unclear about how changes to National Insurance contributions (NICs) will impact them.
The threshold for employers to start paying National Insurance is being lowered from £9,100 to £5,000, with the contribution rate rising from 13.8 per cent to 15 per cent.
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