Freelancing and consulting give you flexibility, but you carry the admin too. Many freelancers stay as sole traders longer than they should, or jump to a company too soon, simply because no one has shown them the numbers.
We work with freelancers and consultants across the UK, keeping returns accurate and helping you choose the structure that genuinely suits your income and plans.
The tax challenges consultants and freelancers face
- Deciding when to move from sole trader to limited company
- Claiming home office, software, travel and other costs correctly
- Irregular income and budgeting for tax
- Payments on account catching you out
- Keeping records simple while you focus on clients
What we help with
- Self Assessment or company accounts, whichever suits you
- A full review of your allowable expenses
- A clear comparison of sole trader versus company
- Tax planning around your income
- Simple cloud bookkeeping
- One dedicated accountant who knows your work
Common mistakes to avoid
Useful tax tips
- Track a reasonable share of home, phone and software costs as you go
- Set aside a portion of every invoice for tax so it is never a shock
- Review sole trader versus company once your profit is steady
- Keep client invoices and costs in one cloud system
A consultant who switched at the right time
A consultant had been a sole trader for years and assumed a company was not worth the hassle. We ran the numbers, showed the point at which a company became more efficient for their profit level, and handled the switch smoothly, with the right salary and dividend setup from day one.