Freelancer Finances

Can I claim Universal Credit as a director of a limited company in 2026/27?Freelancer Finances

Can I claim Universal Credit as a director of a limited company in 2026/27?

Can company directors claim Universal Credit in 2026/27? Between the £16k capital limit, Regulation 77 and the Minimum Income Floor, eligibility is complex. Here's what really determines your chances—and why many freelancers may still miss out.
7 min
How IT contractors can handle clients who won’t pay upFreelancer Finances

How IT contractors can handle clients who won’t pay up

Late payments can be a real headache for IT contractors, but you don't have to suffer in silence! This article offers practical tips and insights on how to handle late or non-payment issues, including legal options and helpful government resources.
5 min
Capital Gains Tax (CGT) guide for contractorsFreelancer Finances

Capital Gains Tax (CGT) guide for contractors

Everything you need to know about 'CGT' if you're 'LTD' -- and then some.
8 min
Tax codes for tech contractors -- explainedFreelancer Finances

Tax codes for tech contractors -- explained

As the 2024-25 tax year dawns, Brookson tells Free-Work that tech contractors need to make room in their lives for coding of the HMRC-kind.
6 min
Tax rates and allowances for tech contractors in 2024/25Freelancer Finances

Tax rates and allowances for tech contractors in 2024/25

A guide to the next 12 months of HMRC thresholds affecting your take-home pay as a tech contractor.
5 min
How to file with HMRC a self-assessment tax return in 2024Freelancer Finances

How to file with HMRC a self-assessment tax return in 2024

Top 10 tips for IT freelancers facing the penalty-enforced January 31st tax deadline.
5 min
Late payments are still prevalent for UK freelancers. What can we do about it?Freelancer Finances

Late payments are still prevalent for UK freelancers. What can we do about it?

IPSE, the UK's freelancer body, uses its first Free-Work column to say it's time government got tough on late payers -- at Autumn Statement 2023 or before.
5 min
Understanding your business taxes as a small businessFreelancer Finances

Understanding your business taxes as a small business

Self-employment can provide greater flexibility, more control over your work, a higher income and greater satisfaction. But a key consideration is what taxes you must pay.
10 min
Cash flow: a freelancer’s guide to money in and money outFreelancer Finances

Cash flow: a freelancer’s guide to money in and money out

Top tips to understand, manage and preserve the lifeblood of your self-employed business – cash flow.
6 min
How much tax would you pay on a 'side hustle'?Freelancer Finances

How much tax would you pay on a 'side hustle'?

Side hustle has become a much more common term in the UK in recent years, GoSimpleTax reveals what freelancers need to know when paying tax on a side hustle.
8 min
Tax rates and allowances 2023/24 for freelancersFreelancer Finances

Tax rates and allowances 2023/24 for freelancers

As a new tax year begun on 6th April, freelancers need to be aware of the updated tax rates and allowances for 2023/24.
3 min
Happy new tax year - or is it? Here are the changes you should be aware ofFreelancer Finances

Happy new tax year - or is it? Here are the changes you should be aware of

What key tax changes are planned from 6 April 2023 and how could they impact you if you're a self-employed freelancer, explained by GoSimpleTax.
4 min
Filing a paper tax return for your Self Assessment? Be aware of this BIG changeFreelancer Finances

Filing a paper tax return for your Self Assessment? Be aware of this BIG change

GoSimpleTax inform us of the BIG change that the self-employed need to know when filing for self-assessment.
2 min
Where do self-employed stand with delays to purchase orders?Freelancer Finances

Where do self-employed stand with delays to purchase orders?

'POs themselves aren't a bad thing. It's the poor practice in how they're administered that causes all the trouble.'
4 min
What are a US citizen’s tax duties if UK freelancing on a partner’s visa?Freelancer Finances

What are a US citizen’s tax duties if UK freelancing on a partner’s visa?

Getting an adviser onboard is the ultimate answer for a freelancer from across the pond with registration questions.
3 min
Making Tax Digital for Income Tax delayed: what do freelancers need to do?Freelancer Finances

Making Tax Digital for Income Tax delayed: what do freelancers need to do?

In December 2022, the government announced its decision to delay introducing Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) for two more years until April 2026, but do freelancers need to do anything?
3 min

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