We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Non-trading Ltd Co and new PT Freelace work?
Nesfin
Posts: 1 Newbie
Quick question - I'm unemployed but have a non-trading limited company. I've been offered some part-time work (only app £200 a month to start with), which is completely unrelated to my Ltd Co. How should I register this new contract in order it to be legal and pay NI contributions? As a sole trader? The work will be home-based and money will come from another EU country. Please help, I'm confused and in dire need to have at least some kind of income opportunity.
0
Comments
-
Quick question - I'm unemployed but have a non-trading limited company. I've been offered some part-time work (only app £200 a month to start with), which is completely unrelated to my Ltd Co. How should I register this new contract in order it to be legal and pay NI contributions? As a sole trader? The work will be home-based and money will come from another EU country. Please help, I'm confused and in dire need to have at least some kind of income opportunity.
If you are doing work and are not an employee (either of the organisation/person for which the work is done or of the limited company you own), then you would simply be self employed (and, on your own, a sole trader).
You just contact HMRC and tell them you are working on a self-employed basis. You then complete an annual tax return.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards