Self-employment - Self-employment in The United Kingdom

Self-employment in The United Kingdom

A self-employed person in the United Kingdom can operate as a sole trader or as a partner in a partnership (including a Limited Liability Partnership or "LLP") but not through an incorporated limited (or unlimited) liability company. It is also possible for someone to form a business that is run only part-time or concurrently while holding down a full-time job. This form of employment, while popular, does come with several legal responsibilities. When working from home clearance may sometimes be required from the local authority to use part of the home as business premises. Should the business hold records of customers or suppliers in any electronic form it is required to register with the Information Commissioner's Office. Other legal responsibilities include statutory public liability insurance cover, modifying premises to be disabled-friendly, and the proper recording and accounting of financial transactions. Free advice on the range of responsibilities is available from government operated Business Link centres.

Many people living with disabilities choose to be self-employed.

Read more about this topic:  Self-employment

Famous quotes containing the words united and/or kingdom:

    The parallel between antifeminism and race prejudice is striking. The same underlying motives appear to be at work, namely fear, jealousy, feelings of insecurity, fear of economic competition, guilt feelings, and the like. Many of the leaders of the feminist movement in the nineteenth-century United States clearly understood the similarity of the motives at work in antifeminism and race discrimination and associated themselves with the anti slavery movement.
    Ashley Montagu (b. 1905)

    After this manner therefore pray ye: Our Father which art in heaven, Hallowed be thy name. Thy kingdom come. Thy will be done in earth, as it is in heaven. Give us this day our daily bread. And forgive us our debts, as we forgive our debtors. And lead us not into temptation, but deliver us from evil: For thine is the kingdom, and the power, and the glory, for ever. Amen.
    Bible: New Testament Jesus, in Matthew, 6:9-13.

    the Lord’s Prayer. In Luke 11:4, the words are “forgive us our sins; for we also forgive everyone that is indebted to us.” The Book of Common Prayer gives the most common usage, “forgive us our trespasses, as we forgive them that trespass against us.”