Find guides and information to help you manage the finances for your freelance business. Understand what records you must keep and the most effective ways to store that information, as well as tips for freelancing whether it’s a full-time enterprise or something on the side.
Making the move from employment to self-employment can feel overwhelming, but you’re in good company. There were a reported 3.1 million sole traders in the UK at the beginning of 2022. And these figures are continuing to grow! We’re going to look at the most frequently asked questions surrounding sole traders. Including: What is a…
Contractors are an important part of both the private and public sectors, contributing more than £300bn to the UK economy every year, and covering a range of roles, from HGV drivers to bricklayers, architects to accountants, and engineers to plumbers, to name just a few. IR35 was introduced to help minimise the risk of tax…
IR35 is definitely a tricky one to get your head around, and if you’re a freelancer or contractor who regularly works closely with the same clients, you’re probably wondering if it affects you. At a very basic level, the trick is to ask yourself, am I an ‘employee in disguise’? Not in the literal sense…
Running a business can be challenging, and almost always involves heaps of paperwork to sort out. You’ll need to make lots of important decisions on all sorts of things too, particularly when it comes to your finances. It can get a bit confusing, which is why lots of business owners decide to get some help…
A freelancer and a contractor are two different things, though the terms are often used interchangeably. It’s easy to see why the differences between the two are often overlooked, when both are: Forms of self-employment Temporary additions to a company’s in-house workforce Non-salaried Despite these similarities, freelance work is actually a different beast to contracting,…
