The Self-Employed Contributions Act (SECA) tax is a form of taxes that self-employed business owners must pay based on their net earnings from self-employment.
Reviewed for 2018 If you’re thinking of going self-employed, we’ve got some tips for getting started – from weighing up the pros and cons of self-employment, to understanding tax and benefits when you’re self-employed.
Your tax-free Personal Allowance usually gets allocated to your employment, so the tax on your self-employment will be at your own highest tax rate.
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