London Front End Freelancing
London Front End Freelancing
Out of context: Reply #2
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- breadlegz0
A limited company is a really expensive option for a freelancer. To start off with you probably just want to declare yourself 'self employed'.
With invoicing, you need to create yourself a basic invoice template, then invoice in a structured way each of the jobs you do.
Keep invoices of all the things that you have purchased in relation to your business. Computer, stationery, etc.
At the end of the first 12 months, you'll need to do a personal income tax form to declare what you have made. If it's over a certain level (which I hope you achieve) then you will have to pay some tax.
So you need to plan ahead for the tax that you will be paying.
Hope that's useful.