With the cost-of-living crisis upon us more people are considering self-employment as well as employment to bring in extra money. This can lead to overpayments of National Insurance Contributions (NIC) as although tax is paid on aggregate income, NIC’s are different, being charged on each source. Class 1 NIC will be paid on the employed […]
NIC Implications Of Being Both Self-Employed And Employed Read More »
Are you self-employed and have no idea what is IR35? Self-employed or sole traders having their own limited company and Personal Service Company (PSC) may get into trouble with the HMRC. According to one estimate, more than 4 million people in the United Kingdom are self-employed or sole traders. The self-employed persons enjoy the tax
What is IR35? A Guide for the Self-employed Read More »
We all have an idea of how tricky are employment laws. In the case of a beginner who seeks to employ staff for his business, it becomes even harder. Working for someone on a self-employed basis is possible just like other employers and regular companies. The contractors work with multiple businesses at the same time,
Employing Self Employed Staff – A Small Business Guide Read More »
