Self Employment

Self Employment

People who work for themselves are self-employed. In the UK, self-employed people are known as sole traders. The UK government offers a number of scenarios under which an individual is likely to be self-employed. People: Who run businesses for themselves and take responsibility for their success/failure; With several customers at the same time; Who can decide how, where and when work is done; Who can hire other people at their own expense to help or to do work; Who provide the main items of equipment to do work; Responsible for finishing any unsatisfactory work in their own time; Who charge an agreed fixed price for their work; Who sell goods or services to make a profit. In the UK, people who work for an employer and run their own business simultaneously can be both employed and self-employed. People who sell goods or services can also be classified as self-employed i.e. people who sell regularly to make a profit; make items to sell for profit; sell items on a regular basis, either online, at car boot sales or through classified adverts; earn commission from selling goods for other people; or are paid for a service they provide.

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