Business Guides - Money Guides

Is using my own laptop in-house for ad agencies a basis to charge extra?

A freelancing expert disappoints a designer hoping to add a premium for bringing in his own equipment.

Freelancers with accounting periods unaligned to tax years must act

Will you be required to apportion your accounting profits in the tax year in which they arise?

Where do self-employed stand with delays to purchase orders?

'POs themselves aren’t a bad thing. It’s the poor practice in how they’re administered that causes all the trouble.'

Freelancer tax returns are due imminently: final tips to file on time

Deadlines don’t usually faze the self-employed, but Tuesday’s cut-off will sting if you miss it.

Freelancers’ Questions: Are clients legally required to pay within 30 days?

There’s no new rules on paying the self-employed, but there’s a lot of existing law that the unpaid can use.

Can freelancers who claimed SEISS grants get a mortgage?

Top tips if you’re self-employed and want a home loan, but had help from the government during covid.

How to understand your tax when freelancing on the side

Thinking of a second income from self-employment? There are complexities -- but they can be overcome with the right help and information.

Sole trader mortgage guide: how freelancers can get a home loan

What the self-employed need to know -- and do -- to navigate the complex mortgage maze with ease.

Submitting invoices as a self-employed freelancer

The definitive guide to preparing and sending invoices as a freelance sole trader.

Freelancers, are you aware of how to claim pre-trading expenses?

Freelancers, learn how pre-trading expenses can help you when starting a freelance business and how to claim these expenses.

Tax as a self-employed freelancer: top tips to simplify your HMRC affairs

Are you claiming everything you’re entitled to, whether you’re on the road, at the client-site or working from home?

Bankruptcy as a freelancer: a guide for bankrupt self-employed sole traders

Wiping the slate clean is one way to deal with problem debt. But caution is advised, as is reaching out for advice.

Where to pay tax if I work for an American company from Britain?

Top tips for one of the USA’s 51million contingent workers, potentially paying the wrong taxman.

How often do freelancers get paid late?

One in four freelancers are currently considering their position because of late payments.

How to get paid as a freelancer: 5 best payment options

There are a number of ways to get paid as a freelancer, so it is important to determine which method works best for you. 

Escrow: a self-employed freelancer’s guide to using escrow in 2022

Not all escrow services are born equal. So get to know the fundamentals, and future, of a secure way to get paid for your next project.

Can I reimburse myself for business expenses I paid for personally?

‘Better to be a sole trader, if you want to claim for a subscription and an email account without HMRC issues.’

Why should freelancers open a business bank account?

Freelancer writer, Charlotte Lorimer outlines the importance of opening a business bank account when you're self-employed. 

Three top tips for freelancers submitting a paper tax return

Paper submissions can be complicated, it’s important to understand your exact responsibility. 

Cryptoassets: What are they and what are the tax implications?

If you’re considering investing in one or more cryptocurrencies, naturally you’ll wonder about how HMRC will view them. 

Self-employed freelancers: how to calculate your take-home pay

Revealed: the numbers sole traders need to crunch to show how much money they can pocket.

Freelancers, HMRC self-assessment and VAT penalties are going points-based

How much the taxman’s new system will cost sole traders who pay late or submit late.

Freelancers’ Questions: Any VAT or tax tips to grow my marketing business?

Invoices, self-assessment and trading in dollars – just some of the queries troubling an apologetic freelancer.

Freelancers’ Questions: How to be UK self-employed for a company in Spain?

Top tips for a designer who’s been jobless for as many months as their new contract is set to last.

Freelancers’ Questions: Does Maternity Allowance come with an earnings cap?

Tax tips for a mum-to-be, half onto something even before knowing the answers to her queries.

How the self-employed can ask for a pay rise amid the covid pandemic

Lockdown shouldn’t put a padlock on freelancers tactfully asking for a rate that reflects their hard work.

Freelancers’ Questions: Do I need a UTR number for my theatre art contract?

'The Revenue’s way to identify you is definitely for life, not just for Christmas or the New Year.'

The Covid Cash Crunch: Freelancers, are you waiting too long to get paid?

Creative industry sole traders have comparatively generous payment terms. Is it time you closed the gap?

Freelancers’ Questions: Must I HMRC-register if my income is under £1,000?

A slightly taxing scenario is fortunately the most unlikely and, even then, an exemption looks due.

SEISS: The ins, outs and HMRC examples of covid cash grants for freelancers

Now the taxman’s told you what ‘adversely affected’ means, his gloves will be off to any self-employed who don’t listen.