As a self employed LGV driver, you will need to operate either as a sole trader, limited company or under an umbrella company. To maximise your take home pay, by far the best way to do this (under current legislation) is to deliver your services as a Limited Company not as an individual.

Although this sounds great, and who doesn't want to take home more money, there are record keeping, accounting and reporting requirements to be done by anyone running a business, and certain legal obligations and conditions associated with being a company director.

This is where HGV Freelancer comes in - we will offer as much or as little help as you need to meet the obligations of running your own company; There are invoices to be issued to make sure you get paid on time, there are sales and purchase ledgers to maintain, then there is the dreaded VAT administration and various other reports that need to be filed with HMRC etc. many of these obligations carry financial penalties if not done correctly or on time.

When operating as a Limited Company the VAT and corporation tax on profits can fall due many months after the revenue or earnings have been made, therefore you need to be aware at all times how much is owing, or likely to be owed to the tax man so that you can retain sufficient funds in your bank to pay those bills when they fall due.

As a director of a limited company, and in order for you to maximise your income, you will need to pay yourself a minimum wage as an employee of your own company and draw down a dividend from the company to make up your take home pay. A dividend is taking a profit from the shares in the business, and current legislation allows dividends to be drawn tax free conditional upon your personal tax code and amount of wages drawn in any one financial year.

All of this is quite daunting when all you want to do is drive for a living, but in order to maximise your earnings this is the way to go. Let HGV Freelance help you with as much of the work load as you want and leave you to do what you do best - Driving.

We offer a range of packages to suit most needs, so why not sign up for the one that suits you and let us do the hard work for you!

 

Bronze Package

Silver Package

Gold Package

Write to Us

hgvfreelancers

34 Renaissance Way

Crewe

CW1 6HT

Call Us

Have any questions or just want to talk through your options? Call us on 07885 827210. Alternatively you can fill in our contact form and request a call back

Email Us

Please feel free to submit any questions or queries you may have to info@hgvfreelancer.co.uk  - alternatively you can use the feedback form on the Contact us section of the website and we will will get back to you within 24 hours

Head Office

Our head office is situated at:

34 Renaissance Way

Crewe

Cheshire 

CW1 6HT

Information cookies

Privacy Assured

 

As is common practice with almost all professional websites this site uses cookies, which are tiny files that are downloaded to your computer, to improve your experience.

 

 

 

This page describes what information they gather, how we use it and why we sometimes need to store these cookies. We will also share how you can prevent these cookies from being stored however this may downgrade or ‘break’ certain elements of the sites functionality.

 

For more general information on cookies see the Wikipedia article on HTTP Cookies…

 

How We Use Cookies

We use cookies for a variety of reasons detailed below. Unfortunately is most cases there are no industry standard options for disabling cookies without completely disabling the functionality and features they add to this site. It is recommended that you leave on all cookies if you are not sure whether you need them or not in case they are used to provide a service that you use.

 

Disabling Cookies

You can prevent the setting of cookies by adjusting the settings on your browser (see your browser Help for how to do this). Be aware that disabling cookies will affect the functionality of this and many other websites that you visit. Disabling cookies will usually result in also disabling certain functionality and features of the this site. Therefore it is recommended that you do not disable cookies.

 

The Cookies We Set

If you create an account with us then we will use cookies for the management of the signup process and general administration. These cookies will usually be deleted when you log out however in some cases they may remain afterwards to remember your site preferences when logged out.

 

This site offers newsletter or email subscription services and cookies may be used to remember if you are already registered and whether to show certain notifications which might only be valid to subscribed/unsubscribed users.

 

Third Party Cookies

In some special cases we also use cookies provided by trusted third parties. The following section details which third party cookies you might encounter through this site.

 

Third party analytics are used to track and measure usage of this site so that we can continue to produce engaging content. These cookies may track things such as how long you spend on the site or pages you visit which helps us to understand how we can improve the site for you.

 

We also use social media buttons and/or plugins on this site that allow you to connect with your social network in various ways. For these to work the following social media sites including; Facebook, Google+, will set cookies through our site which may be used to enhance your profile on their site or contribute to the data they hold for various purposes outlined in their respective privacy policies.

© 2015 - 2021 hgvfreelancer.co.uk All Rights Reserved.