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Freelancer Finance
Tax burden on freelancers to worsen: here are 17 ways to save on your tax bills to earn more
The UK's tax burden for freelancers and the self-employed is undeniably high. As Sarah Coles, Head of Personal Finance at Hargreaves Lansdown, points out, "More of us are taxpayers now, and more pay tax at higher rates. A significant…
Divorce Day: Self-employed at higher risk this January
The festive season is over, and while many are looking forward to a fresh start, January unfortunately brings a surge in divorce enquiries known as "Divorce Day."
In this article, we explain what Divorce Day is, why it happens to fall…
This freelancer’s most costly mistake became the impetus for her award-winning business
Katherine Steiner-Dicks speaks with Sophia Lan, former freelancer, financial coach and startup founder, to learn how one of her biggest mistakes ended up as the inspiration behind her award-winning business. Now she's helping freelancers…
Marriage and life spans: it’s time to talk about money
A personal finance expert highlights some alarming trends when it comes to money and marriage. Are you in a position to preserve financial security for not just yourself but your loved ones and children?
Whether you're in a marriage,…
5 Lesser-Known ISA Tax Breaks for UK Freelancers and High Earners
While many know about the basic tax benefits of Individual Savings Accounts (ISAs), several lesser-known ISA tax breaks can be especially valuable for UK freelancers and high earners, according to a report by Hargreaves Lansdown. This…
How to master better payment terms as a freelancer
GUIDE TO FREELANCER PAYMENT TERMS
This guide will equip you with the essential tips and payment terms you should understand and use to your advantage each time you create an invoice or bring on a new client
As your freelance business…
IFS report: greater sick pay benefits for self-employed should be up for discussion
An IFS report is calling for policymakers and stakeholders to address the growing vulnerabilities faced by self-employed workers by considering greater unemployment and sick pay benefits for this growing and vital segment of the…
Feeling Anxiety Between Gigs? Why Freelancers Might Need a January Tune-Up
Research has found that independent workers experience significantly higher levels of anxiety and depression in January compared to other months. This increased vulnerability is attributed to several factors unique to the freelance…
How UK freelancers can spend their tax windfall
On average the national insurance cuts coming in April will bring an extra £350 into the pockets of UK freelancers. Instead of letting this money get absorbed or spent with little thought, we share some ways freelancers can earmark their…
How can IT contractors make passive income?
As an IT contractor, you have some unique skills and knowledge that can be leveraged to generate passive income streams. Here are a few ideas you can explore
Passive income usually requires upfront work. Building and establishing these…