⚡️Am I A Freelancer, Sole Trader Or Self Employed?

🎥A common problem for those who take the leap from employment into being their own boss is wondering how to describe themselves. Am I suddenly a CEO of something? The MD? A freelancer? Something else?

🎥They all exist in the same professional realm, so the terms do overlap but there are nuances between them which are important to note for legal and financial reasons.

❗️What does it mean to be self-employed?

💫As the name implies, being self-employed is where you work for yourself rather than as an employee of someone else. Self-employment means you own your own business and are responsible for your own income.

💫Self-employed business owners may also employ staff and be responsible for paying their wages (and relevant employee contributions like National Insurance and pension) too.

💻Read more

🛡Powered by V3V Ventures