Whichever form
you choose here are some tips for filling it
in:
Probably obvious, but
you do need to give your real name and home
address!
Giving your telephone
and email addresses is not compulsory and I can't see any advantage
to you in supplying them.
The on-line version
asks whether you are also employed. If you combine your business
with a more main stream job in the respectable economy you needn't
worry that details of you new business will be passed on to your
employers. It won't. But it is important that the taxman knows your
employment is continuing otherwise you might get your personal
allowances taken away from your tax code meaning you'd pay
excessive tax on your regular salary. Strangely the printable
version of the registration form doesn't ask this question, but I'd
be inclined to give details of your continuing employment in the
additional information.
In the business
section you need to give the date your business started and the
nature of your self- employed work. There is no need to put
prostitute: my advice is to put something you feel comfortable with
that broadly describes what you do. Acceptable descriptions might
be 'Escort', 'Fitness Consultant', 'Alternative Therapist',
'Hospitality Consultant', 'Executive Stress Counsellor' or any
permutation. But don't try to be too clever by putting something
that you're clearly not qualified to do or which has a completely
different pattern of expenses to what you actually do. Putting
astronaut or chip shop owner is asking for
trouble.
Do not tick the box
to say you are a share fisherman, unless you really
are.
Business address. You
probably don't have any business premises so this will almost
certainly be your home address. Don't worry, this doesn't mean
you'll get charged business rates.
The form then asks
for your business name. Your working name is probably completely
different to your real name but I don't believe there is any need
for you to give your working name on the form. You have a
responsibility to register and pay tax. You don't have a legal
responsibility to give the Revenue a link to your website and to
every post you have ever made on message boards. I would simply put
your real name in this box. After all, if you were to engage an
accountant he would presumably produce your accounts in the name of
Ms Tilly Lamp, Personal Therapist and not Mistress Mavis, Intimate
Shagvixen.
Where it asks for
your position in the business you should put
sole-trader
The business partners
questions can be ignored. If you are escorting you can't possibly
be in partnership.
The final question in
the business section is about doing all or most of your work for
one person. This doesn't apply, even if you get work through an
agency, because you are doing work for the punter not for the
agency.
The information on
the form about class 2 NI is out of date. The rate from 6 April
2008 is now £2.30 per week, and the Small Earnings limit is
now £4,825. If you expect your earnings after taking off
expenses will be less than the limit in the period from when you
start in business up to 5 April next year then you have to register
but you will be exempt from class 2 NI.
Finally, no, you
don't want details of the construction industry scheme, taking on
employees or VAT.
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