how to become self employed?

[mark_goldfinch]

What do you mean by self employed when you find a job?? If you find a job then you are employed.

 

Self employed is for folk who dont have a job, but they find a days work here and there and do their own tax etc.

 

What is it you are trying to do??

 

i am assuming that if i where to get i job i would be on a self employed basis, as opposed to paye. or i suppose it depend s on the employer.

[mark_goldfinch]

thanks to every one for the advice.

[Frankie Lawrence]

 

Self employed is for folk who dont have a job, but they find a days work here and there and do their own tax etc.

or self employed is for people who dont want a full time job with one person and who wants to freelance into others for varied work and varied pay?

 

i am assuming that if i where to get i job i would be on a self employed basis, as opposed to paye. or i suppose it depend s on the employer.

 

it would all depend on employer I think more employers tend to go down geting people in on self emplyed basis due to ease and monney issues:001_smile:

[niftysteve]

Learn to use a spreadsheet. You don't need an expensive accountant for the first few years.

 

Plus if you do it on a spreadsheet you have realtime analysis of how the business is doing. Very important.

 

an accountant may cost a bit but his knowledge will save you more than what his costs are

[chaffey]

I'd say go with an accountant as well. I had one a few years ago and even without receipts they still claimed for everything:thumbup:. I do a lot of mine myself now but still get an accountant to cast their eye across it when i'm done. I even managed to claim my money back for training as it is an essential for the job so you must have it.. Good luck anyway

[Mick Stockbridge]

Mark, has someone offered you a full time job but insists on you being self employed ?

[mark_goldfinch]

Mark, has someone offered you a full time job but insists on you being self employed ?

 

hi mick. no nothing been offered any thing solid, just thought that if i did i would have to be self employed in order to claim fuel and stuff back.

[ben lightfoot]

If your self employed i dont think you can soley work for one person, so you would have to mix it up a bit and work for different people or find some of your own stuff

[spudulike]

Get a decent local bookkeeper, they will collate all your earnings and expenditure, reconcile the lot at a lower price than an accountant and then they will submit your tax return.

 

Accountants will charge you a fair bit but a bookkeeper will do pretty much the same job.

 

You can claim back for any expenditure that you have to spend out on: -

 

Your business will generate turnover (money in), of this, you will have spent money out on training, tools, van, equipment, fuel, storage at a yard/house - these are EXPENSES. Your Profit (earnings) is TURNOVER minus EXPENSES and that is what you pay tax on. The more expenses you can allocate to running the business, the less tax you will pay - get it??

 

What I am saying is expense everything you possibly can including the bookkeeper!

 

Spud

[mark_goldfinch]

thanks again all.