Young Col
Well-Known Member
- Messages
- 2,407
- Locality
- Coulsdon, London/Surrey
Taz, I was much like you, never been self employed until I retired, after which I started as a self-employed consultant. Very important to get yourself a good accountant. Mine has been very helpful. May not cost more than a few £00 a year, but one of the first things you learn is that his fee is tax deductable, so I just sent him back the invoice with the invoices for the first tax return he did for me! Same for MU membership, like any professional association you are a member of (I'm a Chartered Fellow of the Institute of Personnel and Development). And the HMRC site should tell you how to register for self-employed NI contributions as well - only about £12/month.
Good luck!
YC
Good luck!
YC