Problem solved
So this was the actual situation where I started up my small company and got to be a self-employed freelancer; I had several clients I was working for on a different kind of part-time, project kind of employment deals. I started to soon realize that there would be some taxation benefits on running the incomes through a company name. The clients were as well very enthusiastic to get rid of all employee payments and taxes they had to add into my fee every time I presented my tax reduction card. Not to mention all the work they needed to do paying all those employee costs and the actual fee for me.
I started soon to notice what was the reason behind the enthusiasm of my clients to push me to put up a company name. It actually saves them much more money than just my employee payments, since now they didn’t need their accountant’s time for counting the payroll for me every month. I did it now by myself, and they didn’t need to pay me for that, just for the actual work they had hired me to do. Now I did all those things the accountant departments of the big companies do. But they had all working day to do that, I had only the extra hours after I had done my working hours.
After this went on for couple of months and my desk started to fill up with piles of receipts, papers, tax forms and such I decided that something must be done, since I didn’t have the expertise of an accountant and neither had I time to learn the art of accounting and the financial management, the taxes and all that right now. So I decided to do as my clients had done, to outsource the paper piles to someone else to do. I bought accounting services from an accountant company and let the computer run the rest of the work in its electronic accounting (in Finnish=sähköinen kirjanpito)software. I had now more time to concentrate on my profession and gained as well couple of free hours.
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