Here is how we support freelancers with our fixed, competitive pricing.
We offer a whole range of accounting services
What is a Freelancer?
A freelancer usually does contract or gig work, working for many clients at once. Also, it can often be a lucrative way of working if you have the right skills.
Whether you work through an agency or standalone, you will likely be classes as self-employed.
You are required by law to declare your earnings to HMRC each year in what is known as a self-assessment. Additionally, you have to pay income tax and National Insurance on all profits made during the tax year (6th April to 5th April the following year).
Your profits are made up of your income minus your expenses. So you don´t pay tax on your turnover figure, but your overall earnings.
Being a sole trader is more straightforward to do than setting up your own limited company, but you as an individual are personally liable for everything in your business.
What we can a freelancer Accountant do for you
Starting a business can be complicated and time-consuming enough, without having to think about your self assessment deadline, allowable expenses and National Insurance contributions. So that’s why we’re here to help you every step of the way.
Book a free, no obligation consultation with us and see how our freelancer Accountant can help.
For starters, we can register you with HMRC in order to get you set up for self-assessment, give you advice on how to keep your records in order and inform you of your tax obligations. It is better to find out early, rather than make an expensive mistake further down the road.
Accounting software for freelancers
As a freelancer, choosing the right accounting software is crucial for managing your finances efficiently.
At Jacksons Accountants, we understand the importance of having reliable and easy-to-use software. That’s why we offer expert advice on a range of accounting software options, including QuickBooks, Xero, Sage and FreeAgent.
We can help you select the best software for your needs and provide training and support to ensure you get the most out of it. With our help, you can streamline your accounting processes and focus on what you do best – running your freelance business.
Freelance accounting made simple
What our freelancer Accountants offer
At Jacksons Accountants, we understand the unique challenges that freelancers face when it comes to managing their finances.
As expert Accountants, we provide tailored accounting solutions that meet the specific needs of freelancers. Our experienced professionals will work closely with you to ensure that your finances are managed efficiently, allowing you to focus on growing your business.
With our fixed and competitive pricing, you can be sure that you’re getting the best value for your money. By choosing us as your accountant, you can rest assured that you’ll have the support you need to succeed as a freelancer.
Self Assessment for freelancers
We can handle your annual sole trader self assessment. We’ll make sure that it is easy and straightforward for you.
At Jacksons Accountants, we will explain why we’re doing what we’re doing and advise you on what you can do to make extra tax savings, where possible.
Freelancing on the side?
Many freelancers are doing something they love alongside their normal 9-5 job.
Whether you’re part-time, full-time, working 3 jobs or none at all, there are many pitfalls regarding the amount of tax you are paying versus the amount you should be paying. That’s where our freelancer Accountants come in.
Room to grow
If you have ambition to turn your business from a hobby into something greater, a key obstacle is often funding.
With loans and grants harder to come by than ever, we can help you to develop a business plan and a cash flow forecast which will give you the best chance of going it alone.