Calculating self-employed profits
There are many steps to working out your taxable profits. This page explains the process.
There are many steps to working out your taxable profits. This page explains the process.
Self-employed people are those who work for themselves. For some people, it is clear they are running their own business and are self-employed. However, it may not be as straightforward for others, and you may need to consider your employment status to decide whether you are employed or ...
Our PDF guide to self-employment supplements the information in this self-employment section.
This page explains how you register as self-employed for income tax and National Insurance contributions (NIC) purposes.
‘Contractors’ are individuals who work through their own limited company to provide their skills and services to other people or businesses. There are some complex rules for contractors to be aware of known as IR35/off-payroll working. These rules help ensure that those who effectively work as ...
Disguised remuneration (also known as DR) is where you are paid a taxable minimum wage element and a non-taxable element like a loan, grant, advance etc. – often through an umbrella company. Disguised remuneration is not compliant with tax law, as all money paid to you in return for your services ...