Starting a new business? Get 40% off our accountancy services for 3 months! 😎


Being self-employed can be great for working more flexibly, but there are some benefits to being an employee that you might miss out on when you start your own business. We have a few suggestions for self-employed workers to try out, and hopefully retain some of the good bits of working for someone else.

Assign yourself holidays

Holidays can be a tough one when you’re self-employed, especially when you’re just starting out. If you’re not working, you’re not earning, so can you really afford to take time off?

While it is difficult, it’s still important to take some time off from work. It’s far too easy to get burnt out working every day and sometimes a weekend off just doesn’t cut it.

accounting services for sole traders
It’s a good idea to try and put some money away to cover holidays in the future. That is, not just the cost of the holiday, but an allocation of paid leave like you might get from an employer. Try to set a few days later on this year to take for yourself. If this isn’t possible, perhaps it’s finally time to raise your rates to cover the cost.

Set up a private pension

Being self-employed means that you’re missing out on a workplace pension, especially with auto-enrolment helping more people make use of a pension scheme other than the State Pension. Unfortunately there’s no such benefit for the self-employed and it’s up to you to set up and contribute to a private pension as a self-employed worker. It’s well worth getting one sorted!

Check out our video guide to pensions for beginners

Plan your own reward scheme

Whilst not every employee gets a bonus, there are other perks such as free lunches or staff nights out which act as incentive and reward. There’s nothing to say that you can’t set up your own bonus structure to reward yourself for hitting a target when you’re self-employed though. It might be for hitting a certain profit threshold, or signing up a certain number of clients.

It doesn’t even need to be a cash bonus. Take a few days off work, a weekend getaway, a meal at your favourite restaurant or something else entirely. Just make sure it’s something you look forward to.

Keep your work space separate

Not every job is office based, so your self-employed business might get you away from home anyway. But, if you are spending a lot of time working in the place that you live, it’s essential for your state of mind to try and keep things separate. Don’t risk burning out from feeling like you can’t switch off!

Even if you can’t set aside a separate room, try to have a space that is just for work. If this isn’t possible, you might want to join a co-working space or try to work from libraries and coffee shops wherever possible.

We’re full of tips and advice to help you run your business successfully. Have a look at our services to learn more about what we can do to help.

About The Author

Elizabeth Hughes

A content writer specialising in business, finance, software, and beyond. I'm a wordsmith with a penchant for puns and making complex subjects accessible. Learn more about Elizabeth.

More posts by this author
Notify of
Inline Feedbacks
View all comments

Read more posts...

What is a Non-Established Taxable Person for VAT?

There are special VAT rules in place for online sellers who are classed as non-established taxable persons (NETPs), and use an online…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More

What Employers Need to Know About Statutory Maternity Pay

There’s lots to think about as an employer, but one big thing you don’t want to fly under your radar is what…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

Call us on 020 3355 4047 if you’re not sure.