How to Become a Freelance Public Relations Specialist
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The leading PR industry body describes Public Relations as being all about reputation - or, more specifically, “the result of what you do, what you say and what others say about you.” This is a great description and really sums up the PR industry well.
People often think of PR as being just about sending out press releases, but of course there is far more to it than that. It’s not just about writing a release in a way which encourages publications and news websites to pick up on it and publish it, it’s also about having the right contacts in the first place. In PR, more so than any other industry, it really is not about ‘what you know’ but ‘who you know’!
A good PR company or individual will manage every aspect or an organisation’s outward-facing communications and, as much as they can, control how others perceive it. And the same goes for PR people who manage individuals or celebrities. Which means that there are all sorts of opportunities for freelance PR specialists, across a wide range of roles within the sector.
Many PR freelancers start off doing a little freelance work in their spare time whilst still holding onto a full time job. If you’re doing this or thinking of doing this it’s probably a good idea to have a chat with an accountant as there may be tax implications you should be considering and maybe also allowances you aren’t taking advantage of.
There are numerous benefits to freelancing, for example the freedom and flexibility to work for as many different types of client as you like as well as the obvious benefit of increasing your take home pay. In fact our freelancer take home pay calculator shows you how much you can expect to take home as a freelancer.
Having made the decision to give it a go, whether full or part time, and whether to set up as a sole trader or limited company, you’re going to need a wide range of tax and accountancy advice and support in the early days when setting up as a freelancer.
The most daunting thing about going freelancing for most people is the thought of having to engage with an accountant. At first glance it’s easy, you go down to your local high street accountant who quotes you anything from £250 to £600 plus VAT to do your end of year accounts for you. This sounds great, however what happens if you want to speak to your accountant for advice throughout the year on things like:
- Tax allowances
- Take home pay
- How much you should put aside for your tax bill
- Whether you should register for the Flat Rate VAT scheme
- If going limited would be beneficial
- What’s the most tax efficient way to run your business.
Each time you pick up the phone it is likely you will get charged. In fact, every time your accountant sends you a letter you may charged - and you may even get charged if you call to query your invoice! So by the end of the year you could easily be looking at a bill of over £1,000.
Easy Accountancy charges a fixed fee of only £60 plus VAT a month
We don’t want our clients to be scared to contact us and potentially lose out on valuable tax saving advice, that's why we only charge a fixed fee of £60 VAT a month. It’s important when you first start out freelancing that you run your business in the best way possible. As a start up you’ll probably have loads of questions, and will really appreciate the fact you can call your accountant as many times as you, like without the fear of racking up large bills.
For more information on how we can help you and your business with your taxation needs or to appoint us as your accountant, please call 0500 234 111 / 01442 275767 or email email@example.com.
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