Talking all things Freelancer tax with Chief Accountant at FreeAgent Emily Coltman
If your head spins when it comes to IR35, being VAT registered and whether you should be a sole trader or limited company or not- listen in
If you asked today’s guest what she does for a living she’d tell you that she translates small business finance and tax into practical common sense, following the innocent drinks “nan test” – if you can’t explain a concept so that your grandma would understand, you’re making it too complicated!
As the Chief accountant at FreeAgent – the online accountancy software company, she helps to make online bookkeeping and accounting for freelancers, that’s not only very easy to use but even fun to use too. I use it and that is so true!
I couldn’t think of a better person to invite into the Insider’s Facebook group to talk to about tax and answer all our specific questions than Emily Coltman.
Today’s guest is Emily Coltman
You can find her here –
Website : FreeAgent.com
A few things we covered in this episode :
- John Falcon Small business accountant – JF Financial
What FreeAgent is
Insider’s 10% discount Code – Affiliate link.
8:05 – Do I need an accountant if I have an online software program if I run as a limited company
11:00 – Defering tax payments due to Covid
14:19 – SEISS Grant – How do you add this to your Tax return
15:18 Making Tax digital
18:42 How do I deal with Tax and my side hustle
22:00 What is IR35
35:17 VAT Questions
39:39 Pros and cons of being VAT registered