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Considering self employment? What’s the difference from being an employee? Helping self employed people pay less tax and avoid fines

Becoming Self-employed v2

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Slides to go alongside the video: http://youtu.be/E1Ws1LlW0zw Have you had enough of the 9 to 5? Fed up with spending hours every day commuting? Would you like to have more flexibility in your schedule, and the potential to make more money with greater security? Self-employment could be the answer. In this video James McBrearty, MD of taxhelp.uk.com, discusses several points for you to consider. You can also find more business tips for the self employed and those considering it at the achieving freedom blog: Http://www.taxhelp.uk.com/blog

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Page 1: Becoming Self-employed v2

Considering self employment?

What’s the difference from being an employee?

Helping self employed people pay less tax and avoid fines

Page 2: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Page 3: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Reasons? More time? Are you fed up with wasting hours every week Commuting? Had enough of working extra unpaid hours?

Page 4: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Reasons? More money? Do you compare what the client pays with what your earnings are?

Page 5: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Reasons? Flexibility? knowing you had put in the hours to justify it – Would you like to be able to take holidays and time away from the office when you want to?

Page 6: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

A job working for yourself or a business? Do you make money when you aren’t there?

Page 7: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

A job working for yourself or a business? Is it a Lifestyle business? If it is your strategies will be different.

Page 8: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

A job working for yourself or a business? Knowing exactly what you want to achieve from the business means you can plan towards this... Rather than end up doing things you don’t want to.

Page 9: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Other jobs ‘who works in sales?’ – you do You are now also your sales department, admin assistant and many other tasks as well.

Page 10: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Time? 3 jobs? Michael Gerber talks of the technician, manager & entrepreneur. You could find that you are spending a significant amount of your time on other tasks, or…

Page 11: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Time? 3 jobs? You could actually save money, time and hassle by getting some help. Your own time cost isn’t free Your own time cost isn’t free (that’s worth mentioning twice – it is very often missed)

Page 12: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Your time cost Work out the number of hours this actually takes at the rate you could earn from a client or customer... plus the hassle/better quality of using a specialist. You could find getting help is significantly better.

Page 13: Becoming Self-employed v2

Helping self employed people pay less tax and avoid fines

Summary Know what your goals are for you Plan to achieve these specifically Get professional help when needed