When to register as self employed with HMRC for tax

This entry is part 2 of 3 in the series Getting Started in Wordpress Internet Marketing

If you are thinking about starting up in business, either as self employed or in a partnership, one of the very first things you need to is register with HMRC for tax purposes.

Being registered with HMRC (Her Majesty’s Revenue and Customs) means that the tax office knows about your business activities and can arrange to make sure the correct tax is paid.  HMRC collect taxes on behalf of the government and when you are in business you are liable for tax on the profits of your business. Continue reading