Tax Relief for Travel and Subsistence consultation: what’s that all about?

For non-accountancy minded people, new ideas, policies and discussions involving HMRC come with a common problem: no matter how important, it’s hard to get through the reading material without falling asleep. Take, for example, the upcoming ‘Tax Relief for Travel and Subsistence Consultation’, due on September 30th. The chances are that, as a freelancer or […]

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Freelancing: 6 ways to keep the work coming

Freelancing can be tough on your fingernails. Just when it feels like everything’s going smoothly, a big project ends and you’re back to not knowing where the next job’s coming from. It can be pretty nerve-wracking, so here’s how to prepare for the lean times and maintain something resembling sanity. Show some love You’ll probably […]

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Freelance life: 5 things you should know before going solo

Getting shut of your boss and flying solo is the dream, but it’s not all butterflies and unicorns. The flexible hours, creative freedom and higher wages aren’t a myth, but there are a few bridges hiding trolls along the way. Here are five things you ought to take into consideration before going freelance. There’ll be lean […]

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You’ve earned it! Tax-efficient luxuries for the self-employed

It’s the dream scenario; you’ve taken your salary, paid yourself dividends and there’s still a good wedge of cash in your business. Congratulations – you’re officially a success story! So what are you going to do with all that money? If you’re picturing a sunny beach and some kind of complicated fruity cocktail, we’re right there […]

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Sole trader or limited company – what’s right for you?

When you go it alone, there are a lot of decisions to make, from setting your rates to wondering whether buying a tiny kettle for the bedroom is inspired or delusional. But choosing whether to be a sole trader or limited company is a biggie. It’ll determine whether you’re open to new opportunities, or to avoidable […]

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Freelance time management in 10 easy steps

When you’re freelance, your time is your own. But if you spend it hitting snooze, scrolling through cute kittens on Facebook and watching entire series of Breaking Bad in one go, it might be time to start setting yourself some limits. Follow these freelance time management tips to become the master of your own day. 1. […]

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Avoiding a summer holiday meltdown in 5 easy steps

One of the best things about being self-employed is that you’re not bound by the statutory ration of 28 days’ holiday per year. It means the kids can stay home with you in summer too, and you don’t need to be an accountant to know that’ll save you a fortune in childcare costs. Still, holidays […]

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Make money from the flat VAT rate

Money for nothing? ­All you need to know about the VAT flat rate scheme

Congratulations – you’re paying VAT! Being VAT registered might not seem like something to throw a party about, but it’s an important milestone. It means your business or limited company is bringing in more than £82,000 per year, and if that’s not worth jelly and ice cream, then frankly, we don’t know what is. The reality of […]

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Self-employed women take UK business by storm

Article from Gemma Porter According to a new poll, when it comes to self-employment, sisters really are doing it for themselves. Research recently published by online commerce site eBay in association with Development Economics has shown that the number of self-employed women in the UK has risen by 28% over the past five years. With over 1.2 […]

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