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Self Employed / partnership registration
About Self - employment in UK
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If you start working for yourself, you are classed as a sole trader. This means you are self – employed even if you have not told HM Revenue and Customs (HMRC).
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A person is self – employed it they run their business for themselves and take responsibility for its success or failure.
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Self – employed workers aren’t paid through PAYE, and they don’t have employment rights and responsibilities of employees.
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Someone can be both employed and self-employed at the same time.
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You are probably self – employed if you:
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run your business for yourself and take responsibility for its success or failure
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have several customers at the same time
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can decide how, where and when you do your work
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can hire other people at your own expense to help you or to do the work for you
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provide the main items of equipment to do your work
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are responsible for finishing any unsatisfactory work in your own time
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charge an agreed fixed price for your work
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sell goods or services to make a profit
How to register self – employment in UK
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If you have decided that Self – employment is the best option, you must register with HMRC and to get a Unique Tax Reference number. You should register as a Self – Employed as soon as possible after starting a business. If you are struggling with the procedure of registering your new company, please contact us.