Why government left self-employed with nothing and gave PAYE people 80%?

Jeremy535897

I think you have to get the creditor's agreement to a deferral if you want to avid an impact on your credit score.

mattyprice4004

I'm self employed - and anyone going into being self employed needs to be ACUTELY aware of the risks involved - that for the most part, if it goes massively **** up in any way (including this) you have less protection. 

Anyone not happy with that risk needs to avoid being self employed, as it's a huge risk and not something everyone can deal with. 
That risk can be mitigated with savings / insurance etc, but at the end of the day if you don't have a net to fall back on, some self-responsibility needs to be taken.

Again, I am self employed and I'm in the same boat - I took the risk when setting out, and right now it's difficult. But it's a risk I took. 

mattyprice4004

diggingdude said:

Those tax benefits for the self employed over the years are starting to bite back 

Which tax benefits are those? There's none of note I can think of - and we have to fill out our own return every year which is a complete ballache. 

diggingdude

mattyprice4004 said:

diggingdude said:

Those tax benefits for the self employed over the years are starting to bite back 

Which tax benefits are those? There's none of note I can think of - and we have to fill out our own return every year which is a complete ballache. 

Of course there are and you know it. 

chippychip

diggingdude said:

mattyprice4004 said:

diggingdude said:

Those tax benefits for the self employed over the years are starting to bite back 

Which tax benefits are those? There's none of note I can think of - and we have to fill out our own return every year which is a complete ballache. 

Of course there are and you know it. 

https://www.investopedia.com/articles/tax/09/self-employed-tax-deductions.asp
https://www.gov.uk/expenses-if-youre-self-employed