Do I even need a bank account for my small business? If you’re a sole trader, such as some freelancers and contractors, there’s no legal obligation to open a business bank account – but doing so can make it much easier to juggle your business’s income and expenditure with your own...
Retirement planning can be tricky for freelancers, but there are options to secure your future. Julie PinkertonFeb. 11, 2025 High-Return, Low-Risk Investments Income-producing assets help safeguard wealth and offer steady returns, even in volatile markets. Kate StalterFeb. 11, 2025 ...
For UK retireesliving in another country or planning a move For people who make regular trips between countries for business, or those whose jobs require them to take on international assignments For freelancers or contractorswho get paid in foreign currencies For people with assets overseas, such ...
For example, you may be able to carry out five UK transfers per month, but if you go over this number you’ll have to pay a fee. Managing your account: If you’d prefer to be able to go into a branch to pay in cash and cheque payments, you might better off looking for a bank...
"They have signalled cuts are on the horizon as the trend for wage growth and inflation is moving in the right direction. We think the UK economy is landing softly freeing up the BoE to cut rates over the next 6-12 months towards 3.5%." ...
Business loans and support with company registration in the UK Costs and Fees Payoneer Payoneer6is a non-bank alternative provider which hasPayoneer business accounts7for freelancers,ecommerce business, and similar company types. Accounts can hold and exchange multiple currencies, including USD and key...
The Doers is a collective of freelancers, each with their own marketing expertise, who come together to deliver projects for clients.
Limited companies in the UK are legally required to have their own business account because they are a separate legal entity with their own financial obligations. Sole traders and freelancers can manage their finances from a personal bank account, but many choose not to because manually separating...
Coconut is a bank account and accounting software rolled into one. It’s designed specifically for freelancers, self-employed people and small business owners. Alongside a business current account, you’ll also get: Invoicing Receipt capture, which allows you to store all your expense receipts elec...
While insurance is not a must for all freelancers, there are some types of cover that may be useful. Professional indemnity insurance can be a good option for freelancers. It can protect you if a client wants to make a claim or take legal action against you. ...