Extension - Employed + self-employed

[ARUNLAL]

Hi

I am a Employee + Self Employed Person.

I am getting my self Employed income into my business current account. I have a question here do I need to trasfer this self employed income from my current account to my Business saving account ?.

What is the purpose of having business saving account attached with business current account ?.
How much amount can I trasfer to my personal saving account ?.
How much tax should I pay on the self employed income. ?
What is the income called from self employment - Salary/Divided/ -- ?
Can anyone please help me .

[geriatrix]

Hi

I Started my self employment in July 2012 and reg in HMRC as self employed second week of sep 2012.

I can see in this fourm people who went for PEO , the CW asking them proof of Class 2 NI payment .

To make this NI CLASS 2 payment we need to have NI CLASS 2 Reference number . When I called HMRC they were telling me they will sent this CLASS 2 NI bill only 6 months once . My PEO appoinment is end of october 12.

Does any one came through this type of situvation ?. Instead of NI CLASS 2 payment details what have you shown to the case worker ?.

Is there any way I can get this NI CLASS 2 Ref number ?. I am yet to get my welcome letter - Can I find this number in my welcome letter ?

thanks in advance