Self-Assessment tax season is once again upon us and the new tax year brings updated tax rates for self-employed individuals in the UK, specifically for sole traders. One of the key changes for 2021-22 is the National Insurance Contributions. It is important to familiarise yourself with these changes and set aside enough money for your Self Assessment tax return so you don't run into any trouble. Let's take a look at some of the key updates for you to be mindful of before filing your Self-Assessment tax form in 2023.
Setting up a business is daunting enough, let alone getting your head around the tax system! The more you know starting out, the smoother the ride. One concept that may be relevant to you is the trading allowance, also known as the "trading income allowance." This allowance is a tax-free amount that you can earn from providing services as a freelancer. Bonus, it can be used in addition to your Personal Allowance!
I love irony. I love how one second she's beautiful, then the next she’s telling, then all of sudden…she’s downright evil. In my last piece, there I was, taking my sweet time writing a very satisfying bit of content all about the concept of us creatives taking our sweet time — and for good reason. Then irony struck. I guess I pissed her off.
As we enter a new year, we dust off the old crystal ball and take a look at how trends, tech, and economic predictions could help freelancers prepare for 2023.
Hiring Event Photographers: Tips and Best Practices It's event season and the perfect time to capture some incredible moments. Whether you're hiring an event photographer to produce images that will adorn your mantlepiece or you require marketing content to promote your brand, service or product, hiring an event photographer is a necessary step in the journey.
Throw another log on the fire, wrap up warm and stick the kettle on. It's the perfect excuse to showcase some of the best 'wintery' work from our members. This time up, we're honing in on Makeup Artists. Enjoy our selection of 'Winter Faces'.
Freelancers are like superheroes. Fair enough…we may not have super strength, we may not be able to fly, and we may not be capable of teleportation or invisibility. I could go on and on… But there is one superpower we do possess. Our time.
Christmas is just around the corner and, for freelancers, it tends to be a busy period or deathly quiet. For the former, December can bring with it some financial anxiety as businesses slow wind down and work drys up. To help keep your spirits up and motivation high, here are a few ways you can get productive and continue to progress this December.