ANY ONE GOT EMPLOYER LIABILTY INSURANCE AS SELF EMPLOYED

[coolvirgo1986]

any one got employer liability insurance as self employed

[geriatrix]

Stop shouting.

And explain what's this has got to do with Tier 1? Or in what context you are enquiring.


regards

[ep]

My accountant advised me to get it and send insurance certificate with Tier 1 application which I have done.

[coolvirgo1986]

My accountant advised me to get it and send insurance certificate with Tier 1 application which I have done.

hi i pm u plz check

thnks

[Sushil-ACCA]

any one got employer liability insurance as self employed

Thank you for your application for leave to remain in the United Kingdom.
To help me consider the matter, please send me the following documents. Please send
ORIGINAL documents as photocopies are NOT acceptable for the purpose of deciding
your application.
Documents required:
1. Please provide documents to evidence your self employed earnings as per Para 142 of
the Tier 1 (General) Policy Guidance.

[John]

any one got employer liability insurance as self employed

What do you mean? You have employees? You only need such insurance if you have employees.

[coolvirgo1986]

My accountant advised me to get it and send insurance certificate with Tier 1 application which I have done.

which insurance certificate it is (public and product liabilty insurance or employer liabilty insurance) cerificate..

bec u when u buy employer liabilty u have to buy other one

[John]

Which insurance you need? That will depend upon the type of your business.

[Markie]

try this link...all depends on your business...

any one got employer liability insurance as self employed

[alladinn]

As per new guidlines,

[John]

Yes but 1 and 3 are effectively linked. Question .... has the person got employees? If yes they have no doubt registered a PAYE scheme with HMRC, and no doubt will have bought employer's liability insurance.

Do appreciate that only two of all those possibilities are needed.

[alladinn]

What if a self employed person is working for himself, has got NO Employee.. which of the one is applicable ?

[John]

Well clearly not 1 or 3! All the others might apply, indeed some of them will apply.

To me it should be very easy for a self-employed person to provide at least 2 of those 7 items.

[alladinn]

..

[John]

alladinn, when did your business start?

[alladinn]

About 2 months now.

[John]

You mean it started in March? It started in the tax year which ended on 05.04.10?

If that is the case, what is stopping you filing your Self Assessment return in the near future? Your Accountant/Tax Consultant will know how to do that.

[email257525]

@John and all

I was working as self employed from 01/06/2009 to 31/08/2009, and was registered with HMRC. I paid 2nd class NI on it as well. Once i finish the assignment i cancelled my registration with HMRC because i did not want to pay 2nd class NI while i am not working as self employed.

I have also been working as employee for a company during 2009 and 2010 tax year (whole 12 months). I applied for my Tier 1 G in Dec 2009 and got it in Jan 2010. My accountant prepared my self employment documents (business accounts + letter from accountant).

Can i pay tax on my self employment income now as this is new tax year 2010-2011. And how will i calculate it. What is the difference between self assessment return and income tax return.

As i had 5 jobs and one self employment for 3 months. I have been paying much tax with BR code. how should i calculate it all.

Will i be able to get tax refunded?

Please explain in details


Can you please advise me

[John]

You need to get your Accountant to prepare a Self Assessment tax return for you, and that will include all your income for the year 05.04.10, both employed and self-employed. If the return is being done electronically ... recommended .... the return will also show the amount of the liability for the year ... or in view of the tax code you mention, possibly a refund due to you?

The code number? Again get your Accountant to get that sorted out.

[coolvirgo1986]

As per new guidlines, if claiming from self employment from UK
You MUST provide 2 of following::
1) Employers Liability Insurance =N/A
2) Proof of registration as self (UTR) =FINE
3) Proof of registration as employer (PAYE & NI) =N/A
4) Annual return to HMRC (SA300 & 302)=One will get that after the first tax year is completed.
5) Business Bank statement and letter explaining dealings =What if using Personal A/C for transaction rather than Business one?
6) Proof of ownership/lease of Business Premises. = What if one is operating from home, is a rental agreement sufficient ?
7) VAT Registration(if over £64000)=Only if over £64000/-

Any advise, please ???

i m in the same boat as well i got 2 proof but still confuse
1... utr number
2.... employer liability insurance

i registered as sefemployed in july 2009

what other possibilites
i have just one week left to submit the case
accountant was saying these 2 r enough

thanks

[John]

If you have two of the seven items on the list, what is your concern?

[coolvirgo1986]

If you have two of the seven items on the list, what is your concern?

just want to confurm these two ok ?

[rpsarangi]

yes you can get a employer liability insurance even if you dont employ any employee. even if you have options of hiring a cleaner or any part timers for your work you need that insurance. so its ni harm in having the employeer liability insurance.
good luck