Knowledge Centre

When you join The 123 Way we carry out a full review of how you have been freelancing and contracting to date. We will look at your individual personal circumstances and finances and the finances of your business.

Many people start freelancing as a Sole Trader because they believe it is the easiest option. Some times this is the best way for them so we continue with this business structure. However for some it will be better to incorporate a Limited Company and contract through this. We will advise what is best for you - one size does not fit all.

Because tax planning is dependent on a number of specific elements individual to each freelance contractor, we can't say a great deal more here - email us at info@123contracting.co.uk for a personalised assessment.