How to work freelance, plan ahead and stay afloat in the UK

How to work freelance, plan ahead and stay afloat in the UK

You’ll need to decide how to trade, where to work, and how to manage your self-assessment account

Here’s how to organise your financial life if you’re a freelancer or sole trader.

Sole trader is the most straightforward business or legal structure if you are self-employed. Depending on the nature of your business, other options include a partnership (with someone else) or setting up a limited company. If you have a partnership or limited company, your business finances should be kept completely separate from your personal finances. But there’s a bit more overlap if you are a sole trader.

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