If you start working for yourself, it’s important to inform HMRC that you are self employed. If you don’t tell them you may also incur penalties. Once you have registered for Tax you are automatically register for NI (National insurance).  To set up as a self employed, you must meet your expense obligations by filling […]

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HMRC VAT Return Online

Why register for VAT? VAT registration is the process of register your business with the government as active in production and sales. The rules for VAT registration are the same for self-employed people as well as limited companies. Businesses in the UK are required to register for VAT. You should be enrolled to charge Value […]

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