A typical teenager would expect to get into further education for at least 4 years, then start looking for a job. The following decades are all about chasing the pound and trying to advance within the company, yet there are alternatives to pursuing a regular career, you could freelance your services by becoming self-employed.
UK Government support
The government recognizes that business startups are important, a growing organization needs employees and a one-man show could end up employing thousands of people! Start by browsing UK government websites about self-employment, follow the instructions and it won’t be long before you are officially working for yourself!
Promoting yourself
Now that you are a freelancer, you need to invest in some digital marketing; regardless of your skill sets, contact King Kong, an award-winning digital marketing agency with an impressive client list. Get into social media, create a business page on Facebook, and join industry-related groups, networking is a great way to acquire contracts.
Hire a local bookkeeper
You are now responsible for paying tax, you no longer have an employer to do this on your behalf; keep all business-related receipts and hand them to your bookkeeper; they have a system for keeping business records and when it comes to filing your tax returns, they have you covered. It is important to remain compliant when it comes to the UK government, especially HMRC. You might have to register for VAT, talk to a local accountant for more information on this. Once registered, you charge your customers VAT and collect it for HMRC and you definitely should stay on the right side of the tax man!
Set goals
You need to motivate yourself and the best way to do that is to set short and long-term goals; you might not have a goal to make this a huge business, but rather you simply want a good income and some independence. It is important to think about the future and making a plan is a great move!
To conclude, becoming self-employed in the UK has never been easier and with the right attitude and a workable plan, you should enjoy a good income and be happy in your work.