Self-employment is becoming increasingly popular. If you are considering becoming self employed, contact us for a discussion about the most effective way of setting up your business.
Melior will also help you register your business with HMRC, and then complete accounts and tax returns on your behalf.
When you’re self-employed, you’re responsible for paying tax and National Insurance on your income. It’s important to stay on top of all your records in order to work out how much you need to pay.
You’re 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 (including through including through websites and apps)