A glossary of terms you'll probably encounter as you start freelancing.
GDPR is the law that sets out how businesses must handle personal data — who can collect it, what they can do with it, and how they must keep it safe.
being ignored by a client, despite having things to resolve.
EU regulation designed to ensure all products sold in the EU are safe and meet certain standards.
The Information Commissioners Office (ICO) is the UK's data privacy watchdog.
Tax due payable to anyone earning over a certain income in the UK, and the primary tax you'll pay when you're self-employed
The Association of Independent Professionals and the Self-Employed, membership body dedicated to the self-employed.
Tax law designed to level the amount of tax paid by those in employment and self-employment.
National Insurance is a tax on earnings and self-employed profits. There are different types of National Insurance, you'll need to understand the differences.
A Non-Disclosure Agreement (NDA) is a legal contract that prevents one or both parties from sharing confidential information.
The process of calculating and reporting your income and expenses to HRMC each year, rather than being taxed at source.
A side-hustle is additional paid work done alongside regular employment, often as a way of earning extra income or testing out self-employment.
A sole trader is considered to be ‘self-employed', and is the singular owner of a business, entitled to keep all profits but liable for all losses.