Going self-employed for the first time can be nerve-wracking. There are many benefits to being your own boss. But when you’re your own boss, you have to take care of everything. So if you’re new to the world of self-employed…
Any contract is a legal agreement between two parties whether they are corporate or freelance contracts. They essentially make it clear just what’s expected from both parties and ensure that no party can back out of the agreement without incurring…
If you’re a freelancer, a contractor or a sole trader, you might be wondering when it’s the right time to register for VAT. You probably already know that the annual turnover threshold for registering for VAT is £90,000. But do…
If you’re new to the self-employed world, you might have some questions about the sort of National Insurance you need to pay. This is your essential guide to your National Insurance obligations as a self-employed freelancer or contractor. We’ll take…
You have a legal obligation to register your business. But when do you need to do this, and how do you do it? Whether you’re just starting out, or you’ve been running a business for a short while already, this…
Like all professionals, counsellors and therapists need insurance to protect them from the various risks of the job. Let’s take a look at some of the most essential insurance products for counsellors and therapists. What Insurance do Counsellors and Therapists…
It is possible to run a business from home. However, certain sorts of work are unsuited for the home environment. And as your business grows, you’ll eventually have to invest in business premises to accommodate your expanding operations. But if…
Whether you’re running an independent craft business from your spare room, or you’re managing a small business and looking to grow, sooner or later you’ll probably have to register your business. The question is, when? It all depends on what…
If you work for yourself, whether as a freelancer or a contractor, then you’re going to have to register as self-employed with HMRC. You may also have to register as a sole-trader. The process of registering as self-employed is pretty…
IR35 is a set of tax rules that has been around for over twenty years. They were put in place to stop people paying less tax and National Insurance Contributions than they should. The rules for IR35 changed at the…