The biggest disadvantage of being self employed is having to deal with all of the record keeping and tax matters that crop up.
Despite what the HMRC adverts might say; tax is taxing! And confusing. And complicated. And inconvenient.
In short, having to deal with all of your own tax affairs is pain in the proverbial.
Lots of self employed people try to do their own accounts and tax returns because they think that it will save them money; after all, traditionally accountants have been pretty expensive and not too great on customer service.
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