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When Do I Need To Register As Self-Employed?


When do I need to register as self-employed?
Did you know that around 5 million UK citizens are currently self-employed? This makes up around 15% of the population, with self-employed people contributing greatly to the economy. Someone who is self-employed works for themselves instead of working for a company and receiving a wage from an employer. It appears as if more and more people are becoming self-employed, as there was a 3% increase in self-employed people from the year 2000 to 2020. With the impact of the pandemic on the economy, we’re likely to see more and more people becoming self-employed and working from home. While being self-employed may seem carefree as you get to determine your own working hours, where you work, and the type of work you do, there are still many responsibilities that come with being self-employed, the most important of which is registering yourself as self-employed. ....

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