Resources - FreeAgent
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Contracting and freelancing gives you the power to set your own work hours and rates, to leverage your skills to their full potential. However, keeping track of your finances can be a headache for a one-man or woman band. Unless your accounts are in order, your bookkeeping could come back to bite you.
When you first start out in your business endeavor it can be easy to forget the importance of staying on top of your taxation matters – not solely for your payroll and personal income tax, but also for your ever important VAT deadlines.
Are you trying – and failing – to juggle your bookkeeping tasks on dozens of separate spreadsheets, emails, scraps of paper and random receipts? If so, we know your pain – it can be a massive hassle to try to keep up with the seemingly never-ending facts and figures that you need to account for as a freelancer.