Are you starting as a freelancer? Here’s what you need to know about transport!
More and more people in our country are starting as freelancers, and it’s easy to see why. In today’s job market, you’ll gain a lot, from freedom to financial benefits. But you’ll also need to invest in certain things, one of which is transport. Where you might have previously received travel expenses or even a company car, things work differently when you’re a freelancer. You’ll have to arrange your own transport, which can quickly add up in costs if you can’t charge it directly to a client. Luckily, there are good business solutions for this as well. Wondering what they are? Read on.
Business car leasing
The great thing about starting as a freelancer is that you can, and are allowed to, claim expenses on your tax return, including transport costs. That makes it attractive to lease a car for business purposes. This doesn’t have to be a flashy Mercedes or BMW—indeed, in some situations, it’s better not to. Leasing a Polestar 2 for business is a good example. It’s a great-looking, modern car that lets you travel sustainably and quickly. It’s a car that looks professional, but not over the top. So when choosing your car, always consider the image it projects—something you might not want to think about, but it genuinely matters. Of course, it also depends on your line of work, and which car is suitable. For instance, a carpenter will need a different vehicle from a consultant.
Travelling for business by train
But if you don’t need a car because public transport serves your area well, then a business rail subscription is also recommended. There are several options available, so you can choose what suits your routes and frequency. You can also treat yourself and opt for first class. See these kinds of purchases as an investment in efficiency, because in first class you can work comfortably and really get a lot done. And remember, you can claim these costs as business expenses and deduct them on your tax return, too.
Starting out on your own is always a good idea, especially in the current climate. Naturally, it also requires commitment; you’ll need to invest in things that an employer would normally cover. Bear that in mind, budget for it, and don’t forget to claim these costs on your tax return. And yes, you can occasionally use a company car for private purposes. So, freelancer—why not start today!
