Posts Tagged ‘self-employment’

FAB #2: Class 2 National Insurance

July 14, 2010 Leave a comment

Joined-up thinking was never the Inland Revenue’s forte, and continues not to be with HMRC. Although improvements have been made in many areas over the last few years, the National Insurance Contributions Office (or NICO to its friends) at Newcastle can still amaze with its ability for each of its hands to not know what any of the others are doing.

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The Basics – 1. Going it alone: registering as self-employed

June 24, 2010 1 comment

Because of the economic situation, you may have recently decided to go self-employed. This is a busy time for you as you go about setting up your business, with finding work and getting paid high on your priority list. However, you should take time to make sure you understand and act on your tax and National Insurance obligations, otherwise you may end up costing yourself a bob or two. Read more…