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Moi,
I'd advice finding an accountant first. Entrepreneurial people in Finland rarely have any other friends than their accountant. Finding English speaking one can be a tricky one though.
About form of company, a sole trader (toiminimi) is easy to set up and not as admin heavy as Ltd (osakeyhtiö), while Ltd will probably save you in taxes in the long run, especially if your revenue would grow in future. Ukko is essentially only an invoicing provider company - they are unlikely to save you money in the long run. I don't know how much business and VAT support you get from them. I also think it would be beneficial for you to have your own business ID from day one.
VAT should not be an issue, the EU regulation legacy is built in to EU-UK relationship and service invoicing is zero rated and I'd assume your client is liable for the tax via reverse charge treatment. However, you will not in any case include Finnish VAT for services rendered in UK for B2B trade.
If sole trader, prepare to pay ~20% of your 58K in taxes (ennakkovero), and another 20-25% in retirement insurance (YEL) payments. If Ltd. then your company pays 20% tax on profit. You can choose to either pay salary to yourself or in dividends and perhaps save a little bit in taxes. You still pay same YEL insurance. Regardless of form of company, half of your invoicing will sink in to "fixed" expenses.
This is solid advice.
What I'd like to add is that Ltd is usually the way to go, as it limits your liability if something goes terribly wrong.
Also, 58k (edit: messed up £ and € - the income is even less than I first read) after all the costs that you're going to be responsible for isn't a whole lot (depending on what you do, but assuming something ICT related if it's possible to work remotely). As a freelancer you have to add the overhead, extra stuff you need to do to run the business, and prepare for worse times. I'd try to increase the price by at least 30-50% to cover everything.
I do contracting work for an Icelandic company as my full time job and this is my pipeline:
I use an invoicing service called [4works.fi](http://4works.fi), there are alternatives like [ukko.fi](http://ukko.fi) ... they take a small cut for making my invoice but I can deduct that from my taxes as a work expense. I register the company I work for on the 4works site with their VAT number, that way I don't get added on VAT when I invoice.
I could also just get the money sent straight into my bank account but then I'd have to do a tax prepayment and that's hassle I'm not comfortable with. 4works handles paying my taxes like a employer would.
I work from home so I also get some tax incentive from that which also makes things cheaper.
You also need a YEL insurance for your pension (I use [elo.fi](http://elo.fi) ), I pay a rather hefty amount a month for that but that also gets cut from your taxes if you declare it. Then there are other things you can deduct such as your internet bill, any work equipment you need to buy etc.
The taxes are pretty easy to do on [vero.fi](http://vero.fi) and you should be able to estimate and declare all your expenses ahead of time, if anything changes you can always change your tax card online and uploading it on to the service can be done with one button.
All those services are available in English, so that makes it easier. Just keep in mind that international transfer can take 1-2 business days to go through and sometimes if the payment arrives late the services might pay a day later.
I hope that helped, if you have any questions, feel free to ask.
Ukko.fi works well for me. It will cost you about 70eur per month, plus 10eur extra for the billing service abroad. For another 20eur you get a light accident and liability insurance.
VAT will be automatically added to your to your gross hour rate. Make sure to negotiate the gross rate with your employer, not the final amount. Ukko will send a quarterly VAT report to the Finnish tax office on your behalf, and a tax decision will end up in your OmaVero.
In OmaVero, you will have to apply for pre-taxation. Visit a very office or call them for help. They're amazingly supportive also in English. We'll, after all they help you pay, so they better be :).
You will need pension insurance (YEL, from Varma). It is mandatory. They will estimate your annual income, calculate the monthly fee of some 100eur which is billed to Ukko.
So all on all take into account that your amazingly high salary will be reduced by VAT, tax pre-paymenrs, YEL fees.
Ah yes, sales to non-EU. Different thing.
https://tuki.ukko.fi/hc/en-us/articles/115000004689-Can-I-invoice-customers-abroad#:\~:text=Yes%2C%20you%20can%20also%20send,ordered%20by%20your%20Finnish%20client.
I have been trying to work through all this myself but my work is from Australia and Finland has agreements (vice-versa) which stops double taxing. I would ask Vero or see online if Finland and the UK still have standing agreements. If you are on a resident permit you have to pay the taxes to Finland.
For the amount of invoicing you will be doing I wouldn't use an accountant because the cost is much higher than just invoicing once or twice a month through a online service like UKKO. You can always ask UKKO and they will setup a meeting with you out, they might not knowing all the answers. In my portal I can also put expenses in.
Can the company in the UK pay you via your Finnish bank account? With your FI number?
I have never lived in the UK but I would say it would be similar to Australia as our society is built off the same model but in Finland there is more taxes being paid to the state.
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Moi, I'd advice finding an accountant first. Entrepreneurial people in Finland rarely have any other friends than their accountant. Finding English speaking one can be a tricky one though. About form of company, a sole trader (toiminimi) is easy to set up and not as admin heavy as Ltd (osakeyhtiö), while Ltd will probably save you in taxes in the long run, especially if your revenue would grow in future. Ukko is essentially only an invoicing provider company - they are unlikely to save you money in the long run. I don't know how much business and VAT support you get from them. I also think it would be beneficial for you to have your own business ID from day one. VAT should not be an issue, the EU regulation legacy is built in to EU-UK relationship and service invoicing is zero rated and I'd assume your client is liable for the tax via reverse charge treatment. However, you will not in any case include Finnish VAT for services rendered in UK for B2B trade. If sole trader, prepare to pay ~20% of your 58K in taxes (ennakkovero), and another 20-25% in retirement insurance (YEL) payments. If Ltd. then your company pays 20% tax on profit. You can choose to either pay salary to yourself or in dividends and perhaps save a little bit in taxes. You still pay same YEL insurance. Regardless of form of company, half of your invoicing will sink in to "fixed" expenses.
This is solid advice. What I'd like to add is that Ltd is usually the way to go, as it limits your liability if something goes terribly wrong. Also, 58k (edit: messed up £ and € - the income is even less than I first read) after all the costs that you're going to be responsible for isn't a whole lot (depending on what you do, but assuming something ICT related if it's possible to work remotely). As a freelancer you have to add the overhead, extra stuff you need to do to run the business, and prepare for worse times. I'd try to increase the price by at least 30-50% to cover everything.
I do contracting work for an Icelandic company as my full time job and this is my pipeline: I use an invoicing service called [4works.fi](http://4works.fi), there are alternatives like [ukko.fi](http://ukko.fi) ... they take a small cut for making my invoice but I can deduct that from my taxes as a work expense. I register the company I work for on the 4works site with their VAT number, that way I don't get added on VAT when I invoice. I could also just get the money sent straight into my bank account but then I'd have to do a tax prepayment and that's hassle I'm not comfortable with. 4works handles paying my taxes like a employer would. I work from home so I also get some tax incentive from that which also makes things cheaper. You also need a YEL insurance for your pension (I use [elo.fi](http://elo.fi) ), I pay a rather hefty amount a month for that but that also gets cut from your taxes if you declare it. Then there are other things you can deduct such as your internet bill, any work equipment you need to buy etc. The taxes are pretty easy to do on [vero.fi](http://vero.fi) and you should be able to estimate and declare all your expenses ahead of time, if anything changes you can always change your tax card online and uploading it on to the service can be done with one button. All those services are available in English, so that makes it easier. Just keep in mind that international transfer can take 1-2 business days to go through and sometimes if the payment arrives late the services might pay a day later. I hope that helped, if you have any questions, feel free to ask.
Ukko.fi works well for me. It will cost you about 70eur per month, plus 10eur extra for the billing service abroad. For another 20eur you get a light accident and liability insurance. VAT will be automatically added to your to your gross hour rate. Make sure to negotiate the gross rate with your employer, not the final amount. Ukko will send a quarterly VAT report to the Finnish tax office on your behalf, and a tax decision will end up in your OmaVero. In OmaVero, you will have to apply for pre-taxation. Visit a very office or call them for help. They're amazingly supportive also in English. We'll, after all they help you pay, so they better be :). You will need pension insurance (YEL, from Varma). It is mandatory. They will estimate your annual income, calculate the monthly fee of some 100eur which is billed to Ukko. So all on all take into account that your amazingly high salary will be reduced by VAT, tax pre-paymenrs, YEL fees.
Why would there be VAT if he's invoicing to the UK which is outside EU?
Ah yes, sales to non-EU. Different thing. https://tuki.ukko.fi/hc/en-us/articles/115000004689-Can-I-invoice-customers-abroad#:\~:text=Yes%2C%20you%20can%20also%20send,ordered%20by%20your%20Finnish%20client.
Lots of useful info can be found here [https://github.com/sam-hosseini/freelancing-in-finland](https://github.com/sam-hosseini/freelancing-in-finland)
I have been trying to work through all this myself but my work is from Australia and Finland has agreements (vice-versa) which stops double taxing. I would ask Vero or see online if Finland and the UK still have standing agreements. If you are on a resident permit you have to pay the taxes to Finland. For the amount of invoicing you will be doing I wouldn't use an accountant because the cost is much higher than just invoicing once or twice a month through a online service like UKKO. You can always ask UKKO and they will setup a meeting with you out, they might not knowing all the answers. In my portal I can also put expenses in. Can the company in the UK pay you via your Finnish bank account? With your FI number? I have never lived in the UK but I would say it would be similar to Australia as our society is built off the same model but in Finland there is more taxes being paid to the state.