Post dated 5 May 2020 If you are self employed, you could benefit from the Self Employment Income Support Scheme (SEISS), which is the Government support for those sole traders and partnerships affected by the Coronavirus pandemic. HM Revenue and Customs (HMRC) have been refining the advice and support in respect of the SEISS, so …
If you are self employed, trading as a sole trader or partnership, it is highly likely that you will pay Class 2 National Insurance (NI). It is the way in which the self employed can make contributions towards the state pension, and is usually paid for either every 6 months, or by monthly direct debit. …
What’s the difference between being employed and being self employed? In a lot of situations, you’re doing the same work and there are often lots of similarities, even getting down to terminology to split the two. However, there are some pretty fundamental differences – as anyone who’s been employed and self employed will confirm. 1. …
We see many businesses and the question of whether someone is either employed or self employed comes up quite a lot, either when employing ‘help’ or for the person themselves. It can be a complex area! Why is this an issue? There is a lot at stake for both sides. The ’employer’ has legal obligations …