What does it mean to be self-employed? Right… let’s get one thing out of the way! Depending on who you’ve been speaking to, your mate Dave down the pub or Susie for a catch up over dinner, its important to first understand some of the terminology used. Being self-employed is the official term as used …
What records to keep and how to keep them Posted on: Sunday, January 17, 2021 For your own sanity and knowing how much you’re earning as a sole trader or freelancer, it’s always a good idea to keep accurate and up to date records. More than that, HMRC require you to keep them, so you …
Tell HMRC you’ve stopped as self-employed We love talking about tax and national insurance… so you don’t have to! As a self-employed, you pay 3 different types: Income tax on your business profits This is taxed in the same way you would be taxed in a job. If your total income declared is below the …
Paying your Tax and National Insurance for self-employed We love talking about tax and national insurance… so you don’t have to! As a self-employed, you pay 3 different types: Income tax on your business profits This is taxed in the same way you would be taxed in a job. If your total income declared is …
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