If you have thought about becoming self employed then you will need to inform the Inland Revenue. Whether you continue in employment whilst working within your new business or leave you previous job to become self employed full time, you will still need to register with HM Revenue and Customs. The process can be completed in a relatively short period of time and Wisteria has experience working with a large number of self employed individuals. Once this registration is completed, you will need to pay your Class 2 National Insurance and complete a Self Assessment Personal Tax Return.
Wisteria provides a wide range of services to self-employed individuals and can help with many of the aspects involved in setting up your business, from funding to business plans, payroll to tax advice, so contact us today to find out more information.
For more immediate Self Assessment support go to the Self Assessment web page.
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PAYE/NIC due PAYE/NIC payment due for August payroll
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Becoming Self Employed 
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