What is self employment

[Sushil-ACCA]

for benefit of readers i am explaining what is called self employment


A person can be employed or unemployed

if he is employed than


he is getting salary through as PAYE (PAY AS U EARN ) is in employment



if he is not under PAYE than he is self employed and follwing are types of self employed

1. Sole trader - required to be registred with HMRC and to pay weekly contribution NI2 £2.3 / weekly

2. Partnership -registration with HMRC required

3. Joint venture no registration separate procedure with HMRC

4.Limited Company ownership -no registration required with HMRC.



SO self employed includes Sole trader , partnership firms , jt venture and Ltd company .

only sole trader and partneship firm need to pay register with hmrc.

hope will help newcomers and readres

[geriatrix]

See also Define: "SELF EMPLOYED"??

[Sushil-ACCA]

sushdmehta

Why u have moved this topic ?

any way dont gag general voice of people who r really contributing , u r modrator does 't mean that u r expet of all subject.

SushMehta

I am using this site from 2003 even before u got modration work and dont threaten me with yr words that u will ban me.

i am writing from time of kalyami

i have to write openly to u because u have blocked direct communication with you.

u r missuing yr modration authority , hope Immigration board note this as my complaint against you .

there other matters to say but i can say to board direclty

Regards