Can’t pay your tax bill? Don’t worry. There are some steps you can take, whatever the issue you’re facing. If you can’t pay your tax bill for financial reasons, this post will explore the help and support that’s available. But first, we’ll look at some other issues that may cause you to miss your tax…
When you submit your tax return at the end of the financial year, you have to tell HMRC about all the income you’ve received from all sources – including self-employment, property, capital gains, and so on. This is so HMRC knows how much to tax you. “Undeclared income” is any source of money that, for…
UTR stands for Unique Taxpayer Reference. The government uses your UTR number as a means of keeping track of you for tax purposes. They can’t use your name for this, as lots of people might share the same name. Nor can they use your date of birth, for the same reason. And they can’t use…
If you’re a self-employed freelancer or contractor, or if you’re running a small business, then establishing good relationships with your clients is key to your long-term success. And few things are more effective at kindling good relationships than a sincere note of gratitude. There are some obvious benefits to thanking clients and customers for their…
Life as a freelancer can be immensely rewarding and very well-paid. But it can also be challenging, particularly if you’re just starting up. We have many guides that’ll help you make those important first steps as a freelancer: One area where most new freelancers struggle is in finding paying clients. Where can you find clients…
All businesses, big and small, should offer employee benefits beyond the salary. Good employee benefits are crucial if you want to attract and retain talented and passionate staff. They’ll also help increase morale and productivity, while improving relationships between staff and management. You can read our guide to the best employee benefits. But an employee…
Professional indemnity insurance could save your business, and your reputation. You might be wondering whether you need professional indemnity insurance, or whether you can afford it. But perhaps a better question to ask yourself is – can you afford not to get professional indemnity insurance? Do I Need Professional Indemnity Insurance? If you’re a freelancer…
It’s every freelancer’s and contractor’s worst nightmare: You do the work, but the customer refuses to pay. It’s frustrating, but the good news is that the law is on your side. So let’s take a look at the steps you can take if a customer refuses to pay for work done. We’ll also look at…
If you’re reading this, the chances are that you have some questions about how to write an invoice. This is something that nearly all self-employed freelancers and contractors struggle with initially. But don’t worry: You’ll soon find that writing an invoice is simpler than you might think. In this post, we’ll outline the things you’re…
An unpaid or delayed invoice is something all freelancers and contractors have to deal with at some point. Some clients are just forgetful, or disorganised. But you’ll also encounter clients who, for one reason or another, simply refuse to pay an invoice. So when faced with a non-payment of an invoice, what are your options?…