How to Register as Self Employed in the UK: A Comprehensive Guide

In the vast business landscape, self-employment has become a popular choice for millions of people globally. In the UK the number of self-employed people touched 4.38 million according to the statistics. The number has continued to grow in recent years. If you are among those who are willing to be self-employed in the UK, you’ll need to manage the various documents related to taxes. That is why you need to register as self-employed in the HMRC portal.

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In this comprehensive guide, we will walk you through the ways to register on the HMRC portal. Let’s get right into it.

What does it Mean to be Self-employed?

Self-employed means you are working for yourself rather than being employed by someone else or any company. 

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You may be considered as a self-employed individual, when you run your own business, offer services, or sell goods, and you are responsible for managing your success or failure means your income or expenses that you have invested in your business.  This means you are not working under an employer, and you have control over how you work and when. It gives flexibility to you and enables you to choose your working hours, and clients and charge for your services when you desire. That means you have total control over your work. You will be considered a self-employed person, when 

  • You run your own business
  • You’re able to decide when and how you work, as well as what you work on
  • You have the option of hiring other people
  • You have more than one client or customer concurrently
  • You aren’t paid a regular wage or salary
  • You receive income that isn’t taxed under PAYE for goods or services you provide

How to Register on HMRC Portal

  • Make Sure You Are Eligible for Registering on HMRC Portal:  

Before registering as self-employed,  make sure whether you are a self-employed person.  Must check in which category you are falling whether you own a business, offering services or goods for sale, and you are responsible for your own taxes and business decisions. Once decided move to the next procedure. 

  • Collect The Information, You will be required

Before initiating self employed registration procedure, must collect the following information

  • Full name
  • Date of birth
  • National Insurance number
  • Address
  • Phone number
  • Details about your work activities (i.e., nature of self-employment work, etc.)
  • Register on HMRC Portal Online

Here is how to register as self employed on the HMRC Portal

  • Navigate to the HMRC official website.
  • Now sign up on the Government Gateway account. first if you don’t have till now.
  • Enter your details in the given form. Like your business name, the type of work you do, and the date you started self-employment. 
  • Once registered successfully, HMRC will send you a Unique Taxpayer Reference (UTR) number, which you will need further for tax returns and other official documents.

After accomplishing the registration procedure, you will be liable for paying tax every year to the concerned authority.

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