Side Hustle Tax UK: Navigating Your Tax Obligations as a Freelancer Embarking on a side hustle can be a rewarding way to supplement income, or potentially pave the way to full-time self-employment. For the modern entrepreneur, understanding the tax implications associated with additional revenue streams is crucial. Managing tax efficiently ensures that one can fully
Inside IR35, Outside IR35, Contracting, Umbrella Company, Interim Contractor. Didn’t know about these terms, what they meant and how I would be able to take advantage of contracting roles until 7 years into my career as a Contract & Commercial Manager. I wish these were given more exposure and explained at various careers fairs I
Pensions- Why You Need One, Generational Wealth & Saving For Retirement What would pensioners do differently if given a chance? Aviva surveyed them to find out. 49% of the surveyed retirees said they regretted not saving for their pension early on, and 64% wished they had contributed more to their retirement savings sooner. The survey
When you are creating content online, promoting brands, monetising blogs, videos, and other forms of content there are tax implications for you to consider. Although being a sole trader has become a popular business structure, setting up a Limited company has many advantages. We will talk you through these later, but first let’s cover the
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