It can be difficult to take a chance on yourself and make the plunge to self-employment, however there are definitely some indisputable advantages to becoming self-employed and here are some of the advantages laid out for you.
Self-employment is consistently gaining more mainstream popularity especially with those who find traditional employment doesn't fit well with other parts of their lives. One clear example is family commitments such as your partner's working hours or your children's out of school hours and holidays. Knowing that you have the knowledge and skills required and the freedom to set your own working hours and still be paid at a decent rate can be a very gratifying experience.
Tax Allowance Expenses
As a self-employed individual, you will be able to claim business related expenses. If you use your home as your office, you might be able to claim a proportion of costs which will decrease your tax bill.
You will also be able to claim back on things such as travel, car expenses, office supplies, training courses and computer and mobile phone expenses.
The general rule to adhere to is that if the expense is incurred wholly and exclusively for the purpose of the business, you will be able to claim these expenses. In essence, claiming allowances and tax relief can help you maximise your income and reduce your tax liability.
If you have been working as an employee, you may have had frustrations about not pursuing what you love or being asked to work on jobs that don’t suit you. We are not saying that self-employment will eliminate this problem, however it will allow you a lot more control of what work or clients you decide to take on. If you think it won’t be a good fit for you, you do not have to accept the work.
Curam allows you to build a client base and a clear path to career progression - the more experience you have and the better your qualifications the more you will be able to charge and to pick and choose your clients. Good carers will receive good reviews on the platform and clients will be able differentiate the really good carers from just the average.