The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> Self employed??
Post Info TOPIC: Self employed??
Newbie66


Veteran Member

Status: Offline
Posts: 39
Date:
Self employed??
Permalink Closed

Is anyone able to explain this to me!!

If someone is working on a 'self-employed' basis ie raising invoices for the company they work for but only working say 4 hours a week at £10 per hour - do they still have to register with HMRC as self-employed?

Your help is much appreciated!!



__________________
semsley


Guru

Status: Offline
Posts: 1329
Date:
Permalink Closed

Take a look at http://www.hmrc.gov.uk/employment-status/index.htm which gives HMRCs take on whether or not someone can be classed as self-emplpyed



__________________

Advice from beyond the grave!!!

E&OE
BudgetB


Guru

Status: Offline
Posts: 709
Date:
Permalink Closed

As well as looking at the link, yes, even being self employed part time you would still need to register.

__________________

Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 
Newbie66


Veteran Member

Status: Offline
Posts: 39
Date:
Permalink Closed

Thanks for your replies - I have looked at the HMRC website - she fulfills all the criteria of being employed -but as she is rasing invoices for her services - this will mean that she will have to register with HMRC and pay Class 2 NI contributions? Is this right??!!

__________________
Stardoe


Guru

Status: Offline
Posts: 1470
Date:
Permalink Closed

Hi there,

If she fulfills all the criteria of being employed....surely she should be employed?

That aside....she won't necessarily have to pay Class 2 NI contributions....if her earnings are going to be low (under £5315 pa for this tax year) she can apply for low earnings exemption.

Pauline

__________________

Pauline
Don Tax


Expert

Status: Offline
Posts: 1716
Date:
Permalink Closed

Hi peeps, I forget though, are Class 2 contributions counted for pension and benefits entitlement? Might be worth considering if less than 30 years contributions
Tim

__________________
BudgetB


Guru

Status: Offline
Posts: 709
Date:
Permalink Closed

Yes they are, you have to look at whether exemption is actually a good thing in the long run.

__________________

Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> Self employed??
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About