Are you lying awake at night worried the tax-man is lurking around the corner because you should have registered your side hustle as a business? Well, worry no more! In this guide, I’ll show you the rules you need to know about registering a business, what it means for your taxes, tax code and what you need to do next.
Ready to make things official and register as self-employed? Then this guide is for you! It includes the 5 steps you need to take to apply to HMRC and what happens once your application has been submitted.
This step-by-step guide to CIS registration shows you what you need to do from start to finish to apply for your CIS card. I’ll cover everything you need to know about CIS, registering as a subcontractor, how to check your tax status, your responsibilities and some tips on reducing your tax bill.