Self Employed / partnership registration
About Self - employment in UK
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).
A person is self – employed it they run their business for themselves and take responsibility for its success or failure.
Self – employed workers aren’t paid through PAYE, and they don’t have employment rights and responsibilities of employees.
Someone can be both employed and self-employed at the same time.
You are probably self – employed if you:
run your business for yourself and take responsibility for its success or failure
have several customers at the same time
can decide how, where and when you do your work
can hire other people at your own expense to help you or to do the work for you
provide the main items of equipment to do your work
are responsible for finishing any unsatisfactory work in your own time
charge an agreed fixed price for your work
sell goods or services to make a profit
How to register self – employment in UK
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.