newly self employed
- From: shell <shelley3365@xxxxxxxxxxx>
- Date: Sun, 13 Apr 2008 15:28:07 -0700 (PDT)
Hi all
my partner will hopefully be self employed in a few months but we are
not sure how income is assessed as he won't have a years accounts for
them. Will they do an interim assessment and if so what would this be
based on? Obviously his earnings during the first few months would not
be a real indication for them to base an assessment on but we just
want to avoid any more nasty shocks later on down the line.
He has a DEO at the moment and what happens to this once he leaves
paid employment?
Also does he inform them when he gives his notice in? He will get his
months wages and maybe holiday pay he's owed so will they drag out
reassessing him till that's gone?
Just out of interest if he took a couple of weeks out between
employment and self employment how long would it take them to discover
for themselves he'd gone self employed?
Sorry for all the questions but we've had so much grief in the past
from them it makes you wary of change in case it all starts up again.
Thanks
.
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