FINANCIAL ADVICE
HM REVENUE & CUSTOMS
www.gov.uk/government/organisations/hm-revenue-customs
HMRC has a set up a phone helpline to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus.
ALD FINANICAL GUIDE
www.ald.org.uk/resources/coronavirus-financial-guide
The Association of Lighting Designers has put together an excellent financial survival guide which is relevant to all freelancers.
CITIZENS ADVICE BUREAU
https://www.citizensadvice.org.uk/debt-and-money/
Resources and help for dealing with Debt – link above is for England.
COMPARE THE MARKET - The financial impact of COVID-19 on young people
The financial impact of COVID-19 on young people: the top facts and statistics
COVID-19 has disrupted almost all aspects of life. People of different ages have been experiencing the impact in different ways. Young people have been among the hardest hit by the effects of the pandemic, dealing with current worries as well as uncertainty about their future. They will be battling with the longer term effects of COVID-19 – including the financial and economical impact – for some time. It could affect their personal finances, their careers and more.
Compare The Market look at the financial impact COVID-19 has had on young people so far, as well as what the future holds.
CREATIVE MONEY
Financial guidance for creative professionals.
Creative Money aims to break the stigma of talking about money in creative professions; to share resources and principles that can make creative lifestyles more sustainable and, in the process, build a support network for creative professionals.
CROSSLIGHT
https://www.crosslightadvice.org/
Crosslight Advice is a community-focused charity which works to combat poverty and hardship caused by the burden of unmanageable debt and lack of financial capability.
We have a vision to restore dignity and hope to those in need by reducing debt-poverty and improving financial capability through the provision of free face-to-face advice, money education, and ongoing support. Our heart is to meet people at their point of need and support them through to full restoration, however long that takes.
CRUNCH - IR35
https://www.crunch.co.uk/knowledge/tax/is-my-contract-inside-or-outside-ir35/
Is my assignment and contract inside or outside IR35?
The best way to ensure your contracts (and assignments) are outside of IR35 is to ensure they accurately reflect the working practices you follow with your clients. HMRC will ‘look beyond’ your actual contract and examine the working practices you follow on each assignment if they decide to query your IR35 status.
DIRECT LINE - A Complete Guide to Going Freelance
Taking the plunge into the freelance world is not an easy decision. And it’s certainly not for everyone. You might free yourself from the constraints of employment and revel in being your own boss, but at the same time your safety net of a regular income disappears too. Something that’s an even bigger consideration in the current economic climate.
This article explores things you might want to think about before becoming a freelancer. We also chatted to David Rose, a freelance creative copywriter since October 2018, to get his thoughts on freelance life, and how the pandemic has changed things for him.
THE MONEY ADVICE SERVICE
Coronavirus has been a shock, and we know you’re doing all you can to keep things under control. We’ve put together all of our coronavirus information and the guides around other issues you might be having in one place, so you can find out what you can do and where you can go for help.
Looking for money guidance, but don’t know where to begin? You’re not alone. Get started with Money Navigator, giving you instant help based on your circumstances.
MONEY SAVING EXPERT – CORONAVIRUS FINANCE & BILLS HELP
NATIONAL DEBTLINE
STEP CHANGE
A charity offering free, expert debt advice from a team of debt experts helping thousands of people every week to deal with their debt problems, and get their lives back on track.
TURN TO US
Turn2us helps people in financial need gain access to welfare benefits, charitable grants and other financial help – online, by phone and face to face through our partner organisations.