I still don’t get it. Can I speak to someone?
Yes. Please call 020 8515 6585 or email info@guildfreelancing.co.uk.
Who handles the invoices?
Clients are invoiced by us. We become one of their suppliers. Freelancers themselves would no longer need to submit invoices (to you or us) as we operate a self-billing system with all freelancers.
What happens if legislation changes?
Our in-house experts are, and always have been, at the cutting edge of tax legislation and the regulatory framework in which we operate. We’ll be the first know if any changes are afoot. In such a scenario, we’ll liaise with clients and, if necessary, adjust our compliance approach.
Can I onboard non-UK based freelancers?
Potentially, if the relevant freelancers have UK bank accounts.
Am I insured if things go wrong?
Yes. Our potential tax liabilities in relation to freelancers’ status are insured, both in respect of sole trader risk and IR35 risk. Clients may be endorsed under our policies if they so choose.
Can I cancel at any time?
Of course. There is no notice period or long-term commitment. You can stop your arrangements at any time and can always resume at a later stage.
How does the tax assessment process work?
There is also an element of trade secrecy over our measures, which competitors would love to copy. Our experts will explain our assessment processes during your meeting(s) with them.
How are my freelancers paid?
Freelancers are paid by us on whatever cycle is preferred (e.g. weekly, monthly, etc.). We use BACS and faster payments to send payments to freelancers’ bank accounts. These payments are funded by clients.
Are you an umbrella? If not, what makes you different from an umbrella?
No, we are not an umbrella company. Umbrella companies employ people and apply PAYE taxes.
How do my freelancers earn more through Guild Freelancing?
Our calculations show that freelancers earn 25% more on average when compared with umbrella employees. Umbrella is a version of PAYE that is cost-heavy for the employee. If the freelancers in question are already self-employed, their earnings ought to stay the same.
