Agency Workers Regulations aim to combat discrimination of people who work for employment agencies, by stating that agency workers should be no less favourably treated in pay and working time than their full-time counterparts, who do the same work. Similar to IR35, the guidance is designed to ensure fair treatment of contractors and freelancers, and ensure that … Read more
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
Oh man. I hate doing accounting. So writing a whole article about freelance finances might be the undoing of me. But as a freelancer, your finances are one of the most important parts of your business. If you don’t keep on top of your income and outgoings, your invoicing, your tax returns and everything else … Read more
You’ve got the perfect name for your freelance consulting business. You may have even gone and registered your freelance domain name in a fit of excitement. You may even be lucky enough to have won your first client. It’s time to register your freelance consulting business. If you’re like me, you may find the idea … 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
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
If you’re going through the process of setting up a limited company for your freelance business, your accountant may well ask you to choose between the normal VAT scheme and the Flat Rate VAT scheme. It should be pointed that they you will only have to register for VAT of you’re revenue will be above the … Read more
Freelancing can give you a huge range of benefits, which makes becoming a freelancer such an attractive option compared to being employed. Higher pay, improved professional satisfaction and greater flexibility are just some of the benefits of freelancing. However, freelancing does not suit everyone, as there are some challenges associated with starting and running your … Read more
If you’re working as a freelancer or a contractor through your own limited company you’ve probably heard people talking about IR35 legislation. They’ve probably spoken about it in hushed tones, like IR35 is this big scary thing to be feared. IR35 is a piece of legislation that you need to know about, but it’s not … 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