How to start a freelance business

The U.S. freelance workforce has grown to 56.7 million people, up 3.7 million since 2014, according to the fifth annual Freelancing in America study, commissioned by Upwork and Freelancers Union   When you consider some of the most popular reasons to start a freelance business, it’s no wonder that freelancers are everywhere.   Having a … Read more

6 ways freelancers add values to businesses and the economy

freelancers are unique economic agents in the construction industry. Their work and flexibility add value to businesses that could not be gained from employee labour. In summary Each of the three editions of this report has shown just how important freelancers are to the construction industry. Without them, it would face huge difficulties and many … Read more

Revolut Review: Business banking for freelancers and small business

Who exactly are Revolut? Launched in July 2015 $1.7 billion valuation (Q1 2018) 850+ employees globally 5,000,000+ retail customers 100,000+ business customers $50+ billion transaction volume | $5.7b monthly Fastest growing FinTech in Europe $336 million raised from leading investors Is Revolut a bank? Revolut is NOT a bank. It is an “Electronic Money Institution”. … Read more

Freelance Expenses: What costs can you claim for?

If you’re self-employed, your business will have various running costs. You can deduct some of these costs to work out your taxable profit as long as they’re allowable expenses. ExampleYour turnover is £40,000, and you claim £10,000 in allowable expenses. You only pay tax on the remaining £30,000 – known as your taxable profit. Allowable … Read more