If you’re a self-employed freelancer or contractor, or you run a small business, then you will have to raise your prices from time to time. The news is full of the effects of inflation, the minimum wage and National Insurance….
If you work in healthcare, you might have heard of medical malpractice insurance. But you may be wondering – do you need it? And how much might it cost? What is Medical Malpractice Insurance? Medical malpractice insurance covers healthcare workers…
Class 4 National Insurance is for self-employed people with annual profits over £12,570. But to really understand Class 4 National Insurance, it’s worth learning about the other National Insurance classes, and who pays them. What is Class 2 & 4…
If you run any sort of business – whether you’re a sole-trading freelancer or the head of a multinational – professional indemnity insurance can offer vital protection when you need it most. Many people struggle with insurance. There are so…
Dogs need lots of fresh air and exercise every day. But not all dog owners have the time or the energy to take their dogs for daily walks. That’s why there’ll always be a demand for dog walkers! So if…
If you’re new to the world of self-employed work, then you’re probably also new to the world of UK tax law. So you’ve probably come across a lot of terms and concepts for the very first time – turnover, expenses,…
As soon as you register as self-employed, HMRC will send you a Unique Taxpayer Reference (UTR) number by post. On top of this, they’ll set up an online HMRC account for you, and send you instructions on how to access…
Once you start working on a self-employed basis, you’ll soon realise just how pricey it can be to run any sort of business. No matter what type of goods or services you offer, you’re going to incur lots of expenses….
Self-employed people must pay National Insurance contributions. But the good news is that the rate you’ll pay is lower than the rate employees pay. This is your essential guide to National Insurance for the self-employed. We’ll explore how much you…
If you’re new to the world of freelancing, then you may also be new to the world of tax returns. When you work for a company, tax is relatively straightforward – it’s just a figure that shows up on your…