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Self employed - Bank account and Accountant letter

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Bestluck
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Posts: 4
Joined: Sun Mar 14, 2010 10:31 pm

Self employed - Bank account and Accountant letter

Post by Bestluck » Sun Mar 14, 2010 10:37 pm

Hi all

I have a part time job and total earnings will be around 1000 pounds only. But they can only pay me like I'm self-employed, leaving me to deal with income tax myself. My questions are:

1. In order to claim this 1000 pounds as self-employed, do I have to have a business bank account, or can they just pay the money into my personal account?

2. Do I have to employ an accountant to prepare a letter? I mean if I've paid tax, I will be able to get a letter from HMRC and together with bank statements, will those two evidence be sufficient?

Really appreciate your help.

Bestluck
Newly Registered
Posts: 4
Joined: Sun Mar 14, 2010 10:31 pm

Post by Bestluck » Mon Mar 15, 2010 9:20 pm

Anyone could help?

T90
Junior Member
Posts: 62
Joined: Tue May 06, 2008 6:36 am

Post by T90 » Tue Mar 16, 2010 10:47 pm

open a company by urself or go through umbrella...if you open an company you will handle PAYE else umbrella company will handle it for you...

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