Re: FN-FORUM: inland revenue and NI contributions help please!

date posted 1st March 2006 23:53

Hi Neil,

At 11:23 pm +0000 1/3/06, Neil Kay-Jones wrote:
>Q1. Why do i need to be self employed when i only do a few jobs a =20
>year if some one asks me too and i do not actively look for jobs?

The revenue or an accountant can answer this. Who advised you to register?

>Q2. If i have a certificate of small earnings should i be making a =20
>voluntary contribution of NI class 2?

The revenue or an accountant can answer this.

If are registered self-employed you need to make those contributions
which your employer currently makes. But whether or not you need to
make additional contributions in your particular circumstances I
can't say.

>Q3. Is anyone else having this problem?

Not personally. As a full-time freelancer, I've been registered
self-employed for 6 years and pay my NI contributions by direct debit.

>Surely there is an easier way of doing a few jobs a year as i pay NI =20
>in my full time employment already so all i want to do is pay the tax =20=
>i owe on the few jobs i do?

Cash in hand. ;)

Seriously though, you need to get some tax advice. If there are
additional liabilities due on top of income tax, then you need to
cover this in your charges.

ColinR
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