You either want to:
Turn your side-hustle into a full-time business and quit your full time job
Make a bit of extra cash on the side to top up your full-time income
The biggest challenges in this phase
Declaring your side income in the right way so you don’t get in trouble with HMRC
Doing your taxes right (and not paying too much) for a second source of income
Keeping track of receipts and invoices you need for tax purposes
Trying to get enough jobs to make consistent income and pricing them right
You just want the accounting done
Monetising a passion alongside employment takes some energy. You don’t want to be worrying about HMRC and year end taxes. For a small fee, you can take it off your to-do list altogether, confident everything is correct and will stand up to scrutiny.
Relief doesn’t cost a lot
Depending on what you need, support starts at £50 +VAT per month.
How we can help
SOFTWARE
Get you set up on Freeagent so you can track your finances and nail the admin
ACCOUNTING
Have us take care of your accounting requirements, so you’re filing accurate tax returns
ADVICE
Help you decide between sole trader or limited company and provide setup support