As a FreeFlexer you will have to keep track of your own tax payments. There are several kinds of taxes that you need to be aware of, depending on your situation.

Income Tax

Everyone working in the UK needs to declare their income tax. If you’re under contract, your employer will fill in your tax declarations for you. When you are a FreeFlexer, you are responsible for calculating the amount of taxes you have to pay. Through the Self Assessment you file these tax returns. The Income Tax needs to be declared at least once a year, before 31 January, but only if your tax bill exceeds a £1,000. Find the tax rates for 2022/2023 on this gov.uk website.
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​Payments on account
For registered freelancers with a previous tax bill of over £1,000, a second deadline for tax returns might come into play. In order to help freelancers spread the annual tax burden, the taxman is also requesting advance tax payments for the current tax year. It's an advance tax bull based on 50% on your turnover of last year. The second deadline for these payments on account is July 31.

National Insurance Contributions

As a FreeFlexer you will also need to pay attention to the National Insurance Contributions. If your earnings exceed £1,000 per year, you need to register yourself with the Self Assessment form in the following year. The National Insurance Contributions will be calculated based on the Self Assessment tax return. Self-employed income is counted towards Class 2 or Class 4 of the National Insurance Contributions depending on profits. Read all about contributions towards National Insurance on this gov.uk website.

Other taxes

Are you expecting to earn more than £85,000 through freelancing in one tax year? Then you'll need to register for VAT. This means that VAT needs to be invoiced for your services. To enable this on our platform, a VAT ID needs to be requested from the HMRC, which you'll have to enter in your profile.
If you registered yourself as a limited company, you might also be faced with corporation tax.