FREELANCERS

Limited Company

Partnership

Sole Traders

Contractors

Self Employment

Limited Liability Partnership

Landlords

Freelancers

Charities

Freelancer are individuals who provide services to clients under specific terms. They tend to operate via their own limited companies and are not employees for a larger firm or business.

A Freelancer is responsible for their own ‘business’ dealings and has control of how and when they do their work. They would either be employed through an Umbrella Company for the purpose of paying them (and paying their taxes) or have their own Limited Company or be a Sole-Trader and pay their own taxes.

A limited company is a small business set up by an individual, where they provide their services on behalf of the company.

PRS Smart for Freelancers

At PRS Smart Accountanst, our experienced team of accountants provide tailored accounting services to freelancers operating as both limited companies and sole traders. We recognise that freelancing comes with its own set of challenges and opportunities in managing several clients and projects, and we focus on providing solutions that meet your individual needs.

As a freelancer, hiring an accountant does more than just save you time; it offers you professional financial management and ensures strict tax compliance. The complexities of tax legislation, managing self-assessment tax returns and bookkeeping can be overwhelming. We take on these challenges for you, ensuring your finances are managed smoothly and efficiently without becoming a burden on your valuable time.

Our comprehensive range of accounting and tax services are designed to simplify your finances, giving you peace of mind and clarity in your financial decisions. We also specialise in providing strategic personal tax advice and business tax advice, tailored to reduce your tax liability so you can maximise your net take-home pay.