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Changing Job
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<blockquote data-quote="Evans Electric" data-source="post: 487993" data-attributes="member: 1408"><p>Thats true !! </p><p></p><p>While I'm back on ....you won't pat tax in the first year but make sure you have saved , say 20% of earnings for when your accounts go in . </p><p></p><p>As the Doc said , starting up , inform HMRC &amp; National Insurance ( Either will inform the other) </p><p></p><p>You'll pay a much reduced NI stamp when self employed ....make sure you DO pay it !!!! It covers your state pension but little else. </p><p></p><p>After , I believe ..two years self employed you will no longer be entitled to employment benefits / the Dole / Job Seekers / whatever they call it now. </p><p></p><p>You're on your own !!! </p></blockquote><p></p>
[QUOTE="Evans Electric, post: 487993, member: 1408"] Thats true !! While I'm back on ....you won't pat tax in the first year but make sure you have saved , say 20% of earnings for when your accounts go in . As the Doc said , starting up , inform HMRC & National Insurance ( Either will inform the other) You'll pay a much reduced NI stamp when self employed ....make sure you DO pay it !!!! It covers your state pension but little else. After , I believe ..two years self employed you will no longer be entitled to employment benefits / the Dole / Job Seekers / whatever they call it now. You're on your own !!! [/QUOTE]
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