-
-
-
-
Home > > Self-employment declarations should be respected
Self-employment declarations should be respected
29 July 2010
With thousands of people predicted to start up their own micro-businesses as unemployment rises, a business group has called on the tax authorities to respect their employment status.
The Federation of Small Businesses (FSB) has estimated that the likely boom in people going it alone could see as many as 300,000 new small businesses set up this year.
However, the FSB voiced concerns that those who do opt for self-employment could be forced to switch their legal status from self-employed to employee by HM Revenue and Customs (HMRC) if they work for other companies on a contracted basis for any length of time.
John Walker, the FSB's national chairman, said: "Unemployment continues to be a worry for everyone, and this year we are expecting more people to become their own boss and go it and alone by setting up in business, which will both help the economy grow and tackle unemployment as these businesses flourish.
"However, those who do become self-employed need to beware of the tax man who, when they work for other companies, is putting them in the PAYE bucket and turning their legal status from self-employed to an employee. The FSB is calling on HMRC to respect peoples wishes to be self-employed."
The FSB added that HMRC must check within a six-month timeframe to determine whether the entrepreneur meets the criteria for self-employment, and once their self-employed status has been accepted the applicant must be considered as self-employed unless a material change has taken place.
A HMRC spokesman said: "HMRC does not discriminate between different types of taxpayer and fully respects the right to be regarded as self-employed so long as this is supported by the facts.
"HMRC bases its employment status rulings entirely on the circumstances of each specific case and we do all we can to support business."
News - Personal Tax
-
6 September 2010
PAYE errors mean billions in under- and overpaid tax -
6 September 2010
Government confirms launch of NIC holiday scheme -
6 September 2010
Pre-Budget Report to be 'dropped' -
3 September 2010
New pension tax relief plans receive qualified support -
3 September 2010
Employers should update HMRC payroll systems
News - Business Tax
-
6 September 2010
PAYE errors mean billions in under- and overpaid tax -
6 September 2010
Government confirms launch of NIC holiday scheme -
6 September 2010
Pre-Budget Report to be 'dropped' -
3 September 2010
Employers should update HMRC payroll systems -
1 September 2010
NIC tax holiday set to launch
Financial Crisis - Effect on Small Business
-
6 September 2010
Government confirms launch of NIC holiday scheme -
2 September 2010
Consumers overestimate VAT hike -
1 September 2010
Consumer confidence on the up -
1 September 2010
NIC tax holiday set to launch -
24 August 2010
Staff parking tax criticised by business group
Spotlight - Credit Crunch
-
6 September 2010
Government confirms launch of NIC holiday scheme -
2 September 2010
UK debt needs long-term fiscal reform -
2 September 2010
Consumers overestimate VAT hike -
1 September 2010
Consumer confidence on the up -
1 September 2010
NIC tax holiday set to launch
-
6 September 2010
Our Latest News
- PAYE errors mean billions in under- and overpaid tax
As many as six million people may have paid incorrect amounts of tax and national insurance through the PAYE system.
- more
- Government confirms launch of NIC holiday scheme
The government has announced the introduction of its national insurance contribution holiday for start-up firms in certain areas of the UK.
- more
- Pre-Budget Report to be 'dropped'
The government is likely to axe this year’s pre-Budget Report, according to press reports.
- more
- New pension tax relief plans receive qualified support
Government plans to simplify pensions tax relief have won qualified backing from the Chartered Institute of Taxation (CIOT).
- more
- Small businesses urged to comply with the law on pay
Smaller firms are being encouraged to examine their pay systems to make sure they are not breaching the law on equal pay.
- more
- Employers should update HMRC payroll systems
Employers who use HM Revenue and Customs’ employer CD-ROM with which to manage their payrolls are being advised to update it as soon as possible.
- more
- UK debt needs long-term fiscal reform
The UK’s debt compared with gross domestic product could almost double from its 2007 levels by 2015, the International Monetary Fund (IMF) has said.
- more
- Consumers overestimate VAT hike
Consumers believe that the forthcoming VAT increase will add more to shop prices than it actually will, a new study has claimed.
- more
Harrison Young,
First Floor,
1 Gatton Road,
London
SW17 0EX
TEL: 0208 767 0151
FAX: 020 8767 5359
Click to email us
Harrison Young is a trading style of Ashley Ross Limited, Registered in England no. 05717229 and whose registered office is at 1 Gatton Road, London SW17 0EX.and is registered as Auditors by The Association of Chartered Certified Accountants. Read our Disclaimer.