Advantages and disadvantages of deregistering as a self-employed person during the holidays
Posted: Sun Dec 22, 2024 10:24 am
Benefits of deregistering as a self-employed person during vacation
Salaried workers have one month off per year and an extra payment coinciding with the holiday period (summer, Christmas, etc.). Self-employed workers do not have holidays. If they do not work, they do not get paid.
Taking days off means not billing, unless they have a regular clientele that pays regularly. But, in that case, they will have to leave someone in charge or travel with their mobile phone or computer.
Apart from not uk business email list receiving income, they have to take into account the added burden of having to pay the self-employed fee . In other words, nothing is generated, but there are still expenses.
Self-employed quota
This situation is what leads many people to consider deregistering for a short period of time. This way, at least, they are freed from the burden of paying contributions.
In reality, this is not a problem at all and means savings, although not all activities lend themselves to such a break in activity.
It is clear that this only pays off if we take a whole calendar month . Since the self-employed fee is not split, it is pointless to deregister, for example, on August 1st and register again on the 20th. The full fee would still have to be paid .
Quarterly Statements
If you are not registered, you will not pay taxes in the quarterly declaration for the corresponding period, meaning you can relax and forget about having to keep all your expense receipts and invoices.
Salaried workers have one month off per year and an extra payment coinciding with the holiday period (summer, Christmas, etc.). Self-employed workers do not have holidays. If they do not work, they do not get paid.
Taking days off means not billing, unless they have a regular clientele that pays regularly. But, in that case, they will have to leave someone in charge or travel with their mobile phone or computer.
Apart from not uk business email list receiving income, they have to take into account the added burden of having to pay the self-employed fee . In other words, nothing is generated, but there are still expenses.
Self-employed quota
This situation is what leads many people to consider deregistering for a short period of time. This way, at least, they are freed from the burden of paying contributions.
In reality, this is not a problem at all and means savings, although not all activities lend themselves to such a break in activity.
It is clear that this only pays off if we take a whole calendar month . Since the self-employed fee is not split, it is pointless to deregister, for example, on August 1st and register again on the 20th. The full fee would still have to be paid .
Quarterly Statements
If you are not registered, you will not pay taxes in the quarterly declaration for the corresponding period, meaning you can relax and forget about having to keep all your expense receipts and invoices.