NSave Solo offers an effective way for a self-employed contract worker to stay in control of their personal financial and tax affairs on a weekly basis.
"The service I receive from NSave is excellent. I need a lot of help and NSave are always on hand. Thank you!" Anon client
As a sole trader you are in business for yourself and you want to maximise your earnings. This can be achieved by ensuring you avoid paying more taxes than necessary, while remaining compliant with HM Revenue & Customs (HMRC) regulations.
NSave Solo is suitable for contractors who:
✔ Are genuinely self-employed contractors and are acting as such
✔ Are looking for the simplest way to run their own business
✔ Want to be in control of their tax affairs and be tax efficient and compliant.
NSave Solo benefits you because:
✔ You pay the minimum taxes whilst remaining HMRC compliant
✔ The time you spend on administration is kept to a minimum
✔ You receive tax advice where needed
✔ You are updated on a weekly basis about your potential tax liability at year-end
✔ Your self-assessment tax return is completed on your behalf at no extra charge.
NSave Solo allows you to receive your earnings in the quickest way and helps you claim all legitimate business expenses to offset your tax liability. All you have to do is agree your weekly earnings with your agency/client and submit your business expenses through either our online portal, by email or telephone. As soon as we receive your monies from your agency/client, we deduct our weekly fee and transfer your funds to you on the same day. As a sole trader you are responsible for paying your own income tax and National Insurance. We will send you a weekly statement of earnings detailing how much money to set aside each week to be able to settle all of your tax liabilities, inform you when to pay your taxes and at year-end we will complete your tax return at no extra cost.
