Freelancer Finances | Free-Work IT news and guides

freelancer using a calculator to do his finances

Freelancers, here’s your cut-out-and-keep legal guide to…Payment Terms

The self-employed can’t afford to skimp over what’s currently at the forefront of everyone’s minds. So, here are the payment terms guide for freelancers.

18 May 2020

4 min

Freelancers’ Questions: How to fix my sole trader tax mess of overspending and not self-assessing?

Expert helps a freelancer who didn’t file his tax return, but did rack up £5,000 of creative outfits which he probably can’t expense.

29 April 2020

3 min

How freelancers can use the Self-Employment Income Support Scheme (SEISS)

Cash grants for coronavirus-hit sole traders are incoming. Here’s all you need to know -- for now.

6 April 2020

4 min

A UK Freelancer's Overview of Statutory Sick Pay

SSP is inspiring petitions, lobbying and letters to ministers. But why, what is it and what is there instead?

30 March 2020

5 min

Freelancers, here’s how to answer the dreaded ‘What’s Your Rate?’ with ease

No self-employed people really like the short, sharp pay probe, so try these three to smooth its edges.

20 February 2020

4 min

How to freelance in the UK for overseas clients

As a UK freelancer who carries out work for overseas clients, or who is based overseas yourself, you might wonder where and how to pay your tax bill. We look at how you can freelance in the UK for overseas clients

10 February 2020

2 min

What can freelancers do to reduce their tax bills this year?

Saving money wherever you can is a priority for freelancers so here are ten things freelancers can do to reduce their tax bills this year.

26 January 2020

5 min

The impact Brexit will have on freelancers

As the Brexit machine continues to grind away, UK freelancers remain poised to discover exactly what will happen to them.

4 November 2019

3 min

A complete freelancer’s guide to hiring accountants

Whether you are just starting out or are an established freelancer, you may need to look at hiring accountants for your freelance business.

30 October 2019

4 min

Common mistakes freelancers make when filing a self-assessment tax return

We look at some of the most common mistakes freelancers make when filing a self-assessment tax return and how to actually fix them.

7 October 2019

4 min

What financial records do freelancers need to keep?

When you are running your freelance business it can be difficult to determine what files and financial records you need to keep. Here we look at the financial records freelancers need to keep.

19 August 2019

2 min

What freelancers need to know about Making Tax Digital

Making Tax Digital (MTD), which started its first phase on April 1 2019, is one of those schemes that many people will have heard of but don’t actually know much about.

12 August 2019

3 min

What to do if you’re investigated by HMRC

The guide highlights what to do if you’re investigated by HMRC. The main points highlighted included how the enquiries are triggered, what are the red flags, what happens when HMRC decide to investigate and what are the possible outcomes.

17 June 2019

3 min

Need-to-know tax information for freelancers

Here’s some important tax information to take into account if you are a freelancer or looking to go self-employed. This need-to-know- tax information for freelancers guide will help you get started on your taxes.

7 May 2019

3 min

Expenses freelancers can claim on their self-assessment

A guide for freelancers on the expenses they can claim on their self-assessment. The self-assessment deadline is right around the corner, therefore freelancers need to get their taxes into order.

14 January 2019

3 min

Tax Rates and Allowances 2018/19 for freelancers

Here are the tax rates and allowances for the financial year April 6th 2018 - April 5th 2019.

9 May 2018

3 min