.jpg)
HM Revenue and Customs (HMRC) have announced the launch of a new interactive online tool for the self-employed. In addition they have provided clearer guidance for those who are already self-employed and for those considering it.
The new tool explains what records a self-employed person may need to keep, taxes that may apply to their business, and includes other useful information, such as how to pay a tax bill.
HMRC’s new Set up as a sole trader: step by step is a guide to help people who work for themselves understand the situations in which they may need to register as a sole trader and how they can do so.
The tools can be used on an anonymous basis and are only for information purposes. Using them will not result in being registered as self-employed, and the government have said that they do not collect or store any information about the user.
If you are unsure about whether you may need to register as self-employed, please feel free to contact us. We will be happy to help you.
For more information see: https://www.gov.uk/government/news/new-support-for-small-business-from-hmrc
The information provided in this blog is for general informational purposes only and should not be considered professional advice. As far as we are aware, the content is accurate at time of publication. Torgersens assumes no responsibility for errors or omissions in the content or for any actions taken based on the information provided.
.jpg)
