3rd July 2008, 06:26 PM
I have to say that the units I've known who continue this trend tend to be either linked to universities or are of the one-man-band type.
Self-employment certainly has its benefits. HMRC estimates that one in five of the UK workforce is on the wrong tax code. The amount of tax paid from self-employment is usually less (like for like) than PAYE, depending on how clever you (or your accountant) are. 6 years' worth of receipts takes up a lot of loft space though!
Self-employment certainly has its benefits. HMRC estimates that one in five of the UK workforce is on the wrong tax code. The amount of tax paid from self-employment is usually less (like for like) than PAYE, depending on how clever you (or your accountant) are. 6 years' worth of receipts takes up a lot of loft space though!