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EarlyBay Forums
General Earlybay Chat
Question for self employed people!!
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<blockquote data-quote="r73" data-source="post: 320781" data-attributes="member: 13948"><p>I'd say you'd expect to pay circa 4k on a net income of 20k. Turnover is a bit different as this is your gross amount before deductions <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /> </p><p>Also be careful of VAT. Think the threshold is about 70k TURNOVER. If your supplying subby's and materials it's surprisingly easy to reach this. Again this is your responsibility. </p><p>All the best, being self employed does give you a bit more freedom 8)</p></blockquote><p></p>
[QUOTE="r73, post: 320781, member: 13948"] I'd say you'd expect to pay circa 4k on a net income of 20k. Turnover is a bit different as this is your gross amount before deductions ;) Also be careful of VAT. Think the threshold is about 70k TURNOVER. If your supplying subby's and materials it's surprisingly easy to reach this. Again this is your responsibility. All the best, being self employed does give you a bit more freedom 8) [/QUOTE]
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EarlyBay Forums
General Earlybay Chat
Question for self employed people!!
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