Frequently Asked Questions


Is it hard to become freelance?

No, it’s relatively but there are rules to follow, which we will happily help you with!

What are the benefits of being freelance?

You are in control of when you work and what you do, giving you a more rounded work life balance.

You can increase your variety of work, in different venues, events and locations increasing networking opportunities within the industry.

Raise your earnings potential while increasing your tax benefits, claiming expenses like travel, equipment and training.

Can I still work PAYE?

Yes, you can still work under the PAYE (Pay As You Earn) system if you’re employed by a company, again there are rules to follow.

You will need to declare any additional income earned to the HMRC, and you may need to complete a Self Assessment tax return.

Is it easy to do a tax return?

Filing a tax return can be straightforward, especially if you have simple finances. The UK government provides an online Self Assessment system where you report your earnings and expenses.

However, for more complex finances, hiring an accountant or using accounting software can make the process easier.

Will I need an Accountant if i’m freelance?

It’s not mandatory to have an Accountant as a Freelancer, but it can be helpful.

An Accountant can help maximise tax deductions, ensure compliance with HMRC rules, and save time on tax filings.

If your finances are simple, you can manage your accounts yourself using accounting software.

Can I work as a Sole Trader or do I have to be a registered company?

Yes, you can work as a sole trader in the UK without registering as a company.

You can work as either, both have different pros and cons.

Sole traders must register with HMRC for Self Assessment and pay Income Tax and National Insurance.

If you prefer, you can also set up a Limited Company, which offers liability protection but comes with more administrative responsibilities.