If you’re self-employed, you’ve probably been hearing a lot about IR35 over the past few months. In fact, the mere sight of that specific sequence of letters and numbers on this page may even make your stomach flip. And not in a good way.
Think you’re cut out to be the boss? It’s easy to quit your job and say you’re self-employed, but it can be difficult to reap the benefits of self-employment without a lot of hard work, sweat, and tears.
Private health insurance isn’t obligatory in the U.K. That said, if you’re self-employed and you can afford it, it’s worth considering. Here’s what to know about a health insurance deduction for the self-employed.