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Employed or self employed - what's right for you?

28 Mar 2017

The complexities of taxation law are such that it can be very difficult sometimes to decide whether or not one is employed or self-employed.

The implications can be expensive both for the employer and the employee if subsequently it is found that the position was not as first thought, so it is important to examine all the factors carefully at the start to assess the position. 

It is for you to consider also whether you wish to claim to be self-employed; while there are certain savings arising out of being self-employed, such as lower National Insurance costs and greater tax deductibility of expenses, these have to be weighed against the loss of social security benefits, and the rights that individuals have as employees.


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