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Become Self Employed
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Hello...I lost my job a few months back, I have not signed on etc. because I am lucky my mum & dad are supporting me..My main question is, I can work for a friend, but he says I need to go self employed?? for income tax etc...Where do I start...can someone point me in the right direction..Advance thanks...
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You can register online. You will then be sent a Unique Tax Reference (UTR) number. If you are in construction your friend will need this number. Takes about 4 weeks to come through. Just invoice him after you get your UTR
You can register online. You will then be sent a Unique Tax Reference (UTR) number. If you are in construction your friend will need this number. Takes about 4 weeks to come through. Just invoice him after you get your UTR
Read this for starters
http:// www.hmr c.gov.u k/payer ti/empl oyee-st arting/ status. htm
You can't work for one unique person all the time and have self-employed status. Say, for an example, you are a cleaner -you can't work for just one person or one company you have to be available and willing to work for other clients. Its relatively easy to become self-employed -you can do it over the phone , they give you a UTR (unique Tax reference number) and yo will have to do your own Tax return each year.
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You can't work for one unique person all the time and have self-employed status. Say, for an example, you are a cleaner -you can't work for just one person or one company you have to be available and willing to work for other clients. Its relatively easy to become self-employed -you can do it over the phone , they give you a UTR (unique Tax reference number) and yo will have to do your own Tax return each year.