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?…
Being your own boss today is easier that it’s ever been before. More of us are becoming immersed in the world of freelancing, whether that’s in search of freedom, flexibility, work-life balance or simply to tap into additional income. Side gigs, market places or sharing platforms are making this possible. What Business Tools Does a…
VAT is value-added tax. It’s applied to the sale of most goods and services, though certain goods and services are either exempt, or charged at a reduced rate. And unlike income tax, it’s collected by the seller. At the time of writing, the standard VAT rate in the UK is 20%. Only the most successful…
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 you know the rules beyond this? For example, do you need to register after you’ve…
Flexible Professional Indemnity Insurance Is Now Available. When you start up as a freelancer, it can be difficult to see yourself as a business. After all, you’re just one individual. Like many freelancers, you see yourself as simply one person doing a job. The only thing that matters however is how the law sees you….
Tapoly CEO and founder, Janthana Kaenprakhamroy, has been invited to speak at this year’s InsuranceInnovators Summit 2019 – a gathering of the very best of the insurance industry from across the globe, which will be held on 13 and 14 November at the QEII Centre in central London. She will sit on the Leader’s Forum…
Starting a business is hard. There are so many things that need sorting out. If you’re a freelancer or a contractor, you often have to do everything all by yourself. And one thing that many freelancers and contractors worry about is VAT. Do you need to register for VAT? And if so, how do you…
Both professional indemnity insurance and public liability insurance fall under the business insurance umbrella and are not a legal requirement in the UK. At first glance they both cover compensation, negligence and other claims however it is the type of these claims that makes them so different. Knowing what ‘types’ of claims each insurance product…