Life as a freelancer can be immensely rewarding and very well-paid. But it can also be challenging, particularly if you’re just starting up. We have many guides that’ll help you make those important first steps as a freelancer: One area where most new freelancers struggle is in finding paying clients. Where can you find clients…
It’s common for people to work multiple jobs. You could have a full-time job and a second job, perhaps working evenings or weekends. Or you could work multiple part-time jobs. Many also do some self-employed work alongside a second job. All of these working arrangements can cause some confusion about the amount of tax you…
If you’re self-employed, you work for yourself. If you’re an employee, you work for someone else. Simple? – well not that simple! HMRC has different tax rules for self-employed people and for employees. But the line between a self-employed person and an employee can often be very thin. The off-payroll working rules make sure that…
It’s every freelancer’s and contractor’s worst nightmare: You do the work, but the customer refuses to pay. It’s frustrating, but the good news is that the law is on your side. So let’s take a look at the steps you can take if a customer refuses to pay for work done. We’ll also look at…
If you’re just starting out as a freelancer, then you may be thinking about managing your own taxes for the first time. In this post we’ll explain certain tax thresholds for freelancers, including the amount you can earn before paying tax. We’ll also discuss some other steps you’ll need to take if you’re starting a…
If you’ve never had to send an invoice before, you might be wondering what to include, and what to expect. So we put together this essential guide to invoices for UK businesses, to help you get your invoice right first time. What Does a Freelance Invoice Need to Include? There are some things that you…
It’s common for people to confuse psychologists with psychiatrists, and vice versa. Both roles involve studying how certain factors can influence or affect an individual’s mental functioning. But there are key differences between the roles, which means that each role involves a different set of qualifications. In this post we’ll discuss the main differences between…
If you’re a self-employed freelancer or contractor, you have a legal obligation to keep certain records. These laws apply whether you’re a sole trader, or you’re in a partnership. These records are mainly for your own use, so you can effectively work out your profit or loss when submitting your self-assessment tax return. There’s no…
You can claim certain business expenses as part of your tax return. Only some expenses are allowable. You can read our complete guide to allowable expenses for self-employed workers. This is why it’s a good idea to keep the receipts for any purchase you make for your business. With receipts to hand, you’ll have a…
When working out your hourly rate for contracting, what you’re really trying to work out is this: How much is your time, your energy, and your talent worth? These are difficult questions for anyone to answer. So instead, when working out your hourly rate, think in more grounded terms. Think about how many hours you…