Wednesday February 19, 2020

Taxing times: a handy guide

Alison McHugh, Deloitte expert, runs through the tax issues the self-employed need to consider

7th June, 2015
2

The prospect of leaving the security of employment and the guarantee of a regular salary to delve into the world of self-employment can appear daunting to individuals for obvious reasons. The sheer number of items requiring consideration prior to attempting self-employment may appear mountainous; premises, employees, tax registration and so on. The list can seem endless.

Income tax

Under the self-assessment system, an individual is required to register for income tax for the year in...

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