Being self-employed – particularly as a freelancer – comes with a range of perks, including flexibility and the freedom to set one’s own rates and working hours. However, it does require a greater level of financial planning and management – and, without significant knowledge of the Self-Assessment process, individuals who work in this way may find themselves missing key deadlines, overpaying or missing out on tax relief or benefits.
Careful financial management requires time and mental investment beyond the day-to-day activities of a freelancer, contractor or consultant. A good accountant can help to remove that pressure and help self-employed people to get the most out of their money. Book your free consultation call with IN Accountancy’s accountants for freelancers today to find out more.