Making Tax Digital (MTD) is the UK Government’s plan for making HMRC the most digitally advanced tax administration in the world. From 1 April 2019 most businesses above the VAT threshold of £85,000 are required to keep their records digitally and submit their VAT return using compatible software. VAT-registered businesses with turnover of above £85,000 … Read more
(This is the fourth in a series of interviews with freelancers, telling us their stories on how they went freelance. The aim is to help others who are thinking of becoming freelance learn more about what it takes, as well as get advice and inspiration so they can get the confidence and understanding to find … Read more
This is the tenth in a series of interviews with freelancers, telling us their stories on how they went freelance. The aim is to help others who are thinking of becoming freelance learn more about what it takes, as well as get advice and inspiration so they can get the confidence and understanding to find out … Read more
This is a guest post written by Louisa Dean, a freelance writer from Dorset, UK. She loves the freedom that comes with being her own boss, as well as the much coveted work/life balance. Identifying what makes you stand out from the competition like a daunting prospect, but in the climate of today’s economy, having … Read more
Getting paid as a freelancer can be a stressful experience, especially when a client is delaying payment on a large invoice that you need desperately. While getting paid is the top of your list, all too frequently paying you falls to the bottom of your list. Here’s how to get paid as a freelancer and … Read more
Working Freelance – Some Points to Consider These notes are intended to give a general overview of some of the main issues associated with freelance work. As each person’s circumstances are different, thorough investigation is necessary, which might include professional advice e.g. on legal and taxation matters. What is freelance work? You are carrying out … Read more
Our freelance accounting glossary has handy definitions of accounting and bookkeeping jargon – from accruals and aged creditors, to retained profit and written down value. If you’re new to freelancing or running a business, you may hear a lot of words and phrases that are unfamiliar to you. Our freelance accounting glossary will explain some … Read more
https://www.sheffield.ac.uk/polopoly_fs/1.429180!/file/Working.as.self.employed.or.freelance.pdf https://www.ed.ac.uk/files/imports/fileManager/AGCAS%20Self-employment.pdf Self-employment Why do it? The definition of self-employment is ‘starting and running a successful business or social enterprise’. Many famous companies began this way as visionary men and women patented an invention, created a company or registered a brand. Although an excellent business idea plays a key role in the ultimate success of … Read more
Crunch accounting is an online accountancy service – with a difference. Where as with a pure online accounting software, which requires you to input all of your income and outgoings and relying on yourself to make sure you’re reporting in the correct way, Crunch has a team of accountants waiting at the end of the … Read more