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Proving income, no P60
Comments
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Your employer DOES need to provide payslips.
Even if it is just a headed paper letter with a note of how many hours per pay period, the rate of pay and the total paid (since you are below the tax threashold).
I'm not personally sure that you need to be registered for self assessment under that threashold but I would check to make sure that your employers are counting you as employed NOT self employed.0 -
Thanks SP - I know for certain my employers are recording me as an employee on the accounts so no concerns on that score. As I mentioned before, I can arrange payslips. Perhaps I need to contact HMRC and ask about acceptable proof of income.PROUD SUPPORTER OF THE DRIBBLERS!
£97 / £11,0000 -
I'm the only 'employee' (no idea what the owner earns or how that works) and I earn less than £5772. The only other person working for the company does so on a self-employed basis.PROUD SUPPORTER OF THE DRIBBLERS!
£97 / £11,0000 -
ShadowPuma wrote: »but I would check to make sure that your employers are counting you as employed NOT self employed.
I think this does sound like self employment, and it's probably just going through accounts as "services rendered" or "labour".0 -
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I think this does sound like self employment, and it's probably just going through accounts as "services rendered" or "labour".
What makes you think it sounds like self-employment? The OP has mentioned that there is someone who is self-employed working for the business but that the OP is counted as an employee (hence the mention of total earnings in relation to tax and NI contributions).
Depending on the legal status of the business (limited company or partnership), those running the business may be taking an income as shareholders only or as self-employed.0 -
I think this does sound like self employment, and it's probably just going through accounts as "services rendered" or "labour".
Why? I don't hear much about it that suggests self employment. It's just low earnings surely...Sealed Pot Challenge #239
Virtual Sealed Pot #131
Save 12k in 2014 #98 £3690/£60000
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