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…
All businesses, big and small, should offer employee benefits beyond the salary. Good employee benefits are crucial if you want to attract and retain talented and passionate staff. They’ll also help increase morale and productivity, while improving relationships between staff and management. You can read our guide to the best employee benefits. But an employee…
Professional indemnity insurance could save your business, and your reputation. You might be wondering whether you need professional indemnity insurance, or whether you can afford it. But perhaps a better question to ask yourself is – can you afford not to get professional indemnity insurance? Do I Need Professional Indemnity Insurance? If you’re a freelancer…
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 reading this, the chances are that you have some questions about how to write an invoice. This is something that nearly all self-employed freelancers and contractors struggle with initially. But don’t worry: You’ll soon find that writing an invoice is simpler than you might think. In this post, we’ll outline the things you’re…
An unpaid or delayed invoice is something all freelancers and contractors have to deal with at some point. Some clients are just forgetful, or disorganised. But you’ll also encounter clients who, for one reason or another, simply refuse to pay an invoice. So when faced with a non-payment of an invoice, what are your options?…
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…
VAT is value-added tax. It’s applied to the sale of most goods and services, though certain goods and services are either exempt, or charged at a reduced rate. And unlike income tax, it’s collected by the seller. At the time of writing, the standard VAT rate in the UK is 20%. Only the most successful…
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…