How do you establish if you are in self employment or in employment for UK tax purposes. There is no actual or legal definition of what employment or self-employment is and it is based on previous judgments which are commonly referred to as ‘case law’. There are some key points to take into account in deciding the status of an individual for Income Tax purposes in the UK. Self employed business traders have various key distinguishing pointers and that self employed persons are able to :- Manage and operate their own business taking all the required key decisions. Take complete financial responsibility for the success or failure of their business. Decide how, where and when they carry out their work. Hire other persons to help them do the work that is required the cost of which is borne by them. Provide the plant, equipment and motor vehicles that is used…

March 11th, 2010
Money maker
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