If you’re thinking about setting up as a freelancer in the UK, you’ll have more questions pinging around your skull than Mastermind. Fortunately for you, people like me have also had all the same questions occur to us and I’ve managed to find the answers.

In this series of frequently asked questions, I’ll look at some questions specifically relating to setting up as a freelancer from a business operations perspective, with links and quotes to back up the answers:

1. Can I be employed and self-employed at the same time?

2. How do I register as self-employed?

3. What is the difference between a limited company and a sole trader?

4. Do I need a separate bank account?

5. At what point do I need to form a limited company?

6. Do I need to register for VAT?

So, let’s go!