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I have not registered as self employed

1984student · 2012-09-25 16:34:39

Hello, I have not registered as self employed yet I am working for a company in which you have to be self employed. I didn't understand that I had to pay national insurance tax/contributions every month and as I assumed I would be earning under the amount that requires you to pay tax I never looked in to it. Now it has…

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PlutoinCapricorn Posts: 4,598 Forumite

26 September 2012 at 3:29PM edited 26 September 2012 at 3:30PM

Trad3ri, are you getting fees from clients i.e. trading on behalf of other people? If so, you are operating a small business of the service kind and should be registered.

Gambling, which is what binary options seem to be, is not taxable on gains made using your own money because then you would expect refunds on your losses!

Who having known the diamond will concern himself with glass?

Rudyard Kipling

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I have not registered as self employed

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