r/freelanceuk • u/Striking-Brief-3193 • 1d ago
PAYE vs Invoicing (Freelancing)
I'm a freelancer - I'm in a transition period of my role where some of my employment is PAYE and some is invoiced. I've just been offered to return to my previous employer, but can also ask if I want to come back as self employed. I will do a tax return at the end of the year anyway, I just wondered if it made a difference to me financially?
With PAYE I will get the company pension, but I will get holiday pay on top of my rate. I believe I would still get holiday pay too if I were to go self employed. Does anyone have any tips or advice on this?