SaaS solutions like Penfold, Moneybox, Nutmeg, and PensionBee offer self-employed individuals efficient, flexible, and secure ways to manage pension contributions and simplify financial planning.
Freelancers in the UK should understand VAT obligations, including registration thresholds and schemes, as SaaS platforms can simplify compliance by automating calculations, record-keeping, and filing processes for 2024/25.
Scaling a UK side hustle to full-time freelancing benefits from using digital banking, accounting software, cash flow tools, and tax insights for effective financial management and growth.
Workflow automation tools can significantly enhance UK freelancers’ efficiency by simplifying administrative tasks, improving time management and client communication, reducing costs, and allowing more focus on quality work and business growth.
