Finance and doing your accounts is arguably the least exciting part of running your own freelance business. Unfortunately, it is one of the most important - getting savvy with your business finance will not only save you considerable stress when it comes to filing your taxes but could also be the key to your business growth and success.
January is often a time of reflection. You may be looking back at an amazing year just gone or questioning whether freelancing is right for you. It can also be a dark time for some and, although it can be difficult to admit, we could all do with a little help from time to time. Freelancing is one of the most rewarding and fulfilling career paths you can take but finding stability and success doesn't come easily. So, we've compiled a few tips to get you on the right track and thinking positively for 2020.
We don’t need to tell you, but being freelance is great: the freedom it gives you, the control you have over your time and – hopefully – the money it brings in. But for those times when the cash isn’t forthcoming and you’re wondering how on earth you’re going to pay next month’s bills, here are some ways you can earn more in 2020.
Unfortunately, the tedious tax system that has taken many of us years to understand is now completely changing. You may or may not have heard that the way we calculate and file our taxes in the UK is transforming. Making Tax Digital (MTD) aims to make it a lot easier for individuals and businesses to keep track of their tax - and get it right!
IR35. You might have heard it mentioned, you might have been warned about it; IR35 has become a four letter word lately. It sounds like a dry subject and a bit of a headache, but it’s really worth knowing your stuff around IR35 as it may impact your freelance business greatly. If you’re not sure what IR35 is, don’t worry – you’re not the only one. Let’s take a look at the IR35 essentials and what you need to be aware of.
So, you’ve been told you need a DBS check for a job, or you know your ability to get work in your field relies on getting one. There are some important things to note about how this works for freelancers. Let’s look at DBS checks and the options for when you’re self-employed.
We caught up with Paul Price, freelance Digital Designer, about his life in freelancing and aspirations for the future for a rapid fire round of questions.
Mary Schmich, a columnist for the Chicago Tribune once said "Advice is a form of nostalgia, dispensing it is a way of fishing the past from the disposal, wiping it off, painting over the ugly parts and recycling it for more than it's worth." In other words, not all advice is worth taking. With over 20 years of experience in the freelance sector, we've been given a lot of 'advice' and dished out our fair share. Here are a few gems we urge you to avoid.