Bookkeeping For Freelancers in Tyne and Wear
With over two million freelancers in the UK, the sector contributes around £125 billion to the economy (source: Microbizmag.org) with the number of freelancers growing by nearly 50% over the last decade.
A very large number of self-employed freelancers manage their own bookkeeping, while others recognise the benefits of using the services of professional bookkeepers.
It takes a qualified, experienced bookkeeper in Tyne and Wear to ensure you are up to date with tax and statutory requirements, and the popular method is to outsource your accountancy requirements. Not only is this the most cost-effective solution, but it also ensures you are always up to date. Our members offer a range of services for all types of freelancers, and with many satisfied clients so far, we are happy to add you to our list.
TELL US WHAT YOU NEED
We’ll help you find Bookkeepers in Tyne and Wear. Help us refine your search by telling us your requirements and we’ll contact service providers to help you.
Receive free quotes
You’ll receive free quotes from professionals in Tyne and Wear and get quick notifications via our website or app. We make sure we do the leg work for you!
choose your bookkeeper
Pick some of the best providers in Tyne and Wear. With easy access to reviews and direct contact with our network of bookkeepers, you’ll be confident with your choice.
Bookkeeping For Freelancers in Tyne and Wear
With over two million freelancers in the UK, the sector contributes around £125 billion to the economy (source: Microbizmag.org) with the number of freelancers growing by nearly 50% over the last decade.
A very large number of self-employed freelancers manage their own bookkeeping, while others recognise the benefits of using the services of professional bookkeepers.
It takes a qualified, experienced bookkeeper in Tyne and Wear to ensure you are up to date with tax and statutory requirements, and the popular method is to outsource your accountancy requirements. Not only is this the most cost-effective solution, but it also ensures you are always up to date. Our members offer a range of services for all types of freelancers, and with many satisfied clients so far, we are happy to add you to our list.
TELL US WHAT YOU NEED
We’ll help you find Bookkeepers in Tyne and Wear. Help us refine your search by telling us your requirements and we’ll contact service providers to help you.
Receive free quotes
You’ll receive free quotes from professionals in Tyne and Wear and get quick notifications via our website or app. We make sure we do the leg work for you!
choose your bookkeeper
Pick some of the best providers in Tyne and Wear. With easy access to reviews and direct contact with our network of bookkeepers, you’ll be confident with your choice.
What is the difference between a freelancer and a contractor?
Freelancers in Tyne and Wear generally operate as sole traders. They are usually paid by hourly or daily rate agreed with clients. They often work for more than one client at any time. If they are sole traders they are also personally responsible for managing all elements of their finances. Some freelancers in Tyne and Wear set up their own limited companies, usually to benefit from company taxation rather than personal taxation.
Contractors usually undertake work for a specific client for a given period at an agreed rate. They can operate as sole traders but most contracts are awarded to people who provide services through their limited companies.
Whether you operate as a sole trader or limited company, and whether you are a freelancer or a contractor, Tyne and Wear Bookkeeping Co bookkeeping for freelancers in Tyne and Wear can help manage your finances. Our members will keep your books in order and leave you free to commit your time and energy to your main areas of expertise.
What is freelancer bookkeeping??
Freelancers specialise in a range of skills. According to a survey by MoneySupemarket the most popular freelance roles are business services (22%), design (20%), writing and translation (17%) and sales and marketing (13%).
The challenge for freelancers in Tyne and Wear is not just to find and undertake paid work, but also to manage their finances. It is essential to keep control of all aspects of finance involved with freelancing, and to make sure you have a clear view of your true financial position.
It is essential for freelancers to keep detailed, accurate records on all finances related to their work. If you use the wrong figures you could be paying too much or too little tax, and you could misunderstand what your true earnings are. Our approved panel of bookkeepers help clients avoid the potential pitfalls, and leave them free to concentrate on their core money-earning skills offering a specialist service for bookkeeping for freelancers in Tyne and Wear and the surrounding areas.
Get in Touch
Investing in our bookkeeping and accounting services for freelancers will help you give your time to things that are more important. You can focus on your business more or use that free time to spend time doing things that make you happy. Our members help you keep more profit in your pockets and assist in decreasing those dreaded taxes. Find out how Tyne and Wear Bookkeeping Co can help you find the right support for your business, send us your details and one of our experts will get in touch with you without delay.