[ˌɛmplɔɪˈiː]
An Employee provides a business with their time and skills for payment in return. They usually have simple tax obligations.
An Employee is an individual who works for a business or organisation in exchange for payment, usually in the form of a salary or a wage. Employees are a key part of any business and perform a various selection of roles.
Employees sign a contract with their employer that sets out their terms of employment. Employees are legally entitled to certain workplace benefits but have less flexibility than the Self-employed.
Some Employees may need to file a Self Assessment, but most have their Income Tax and National Insurance sorted through a system called Pay As You Earn (PAYE).
There are loads of different tax laws in the United Kingdom. IR35 is very important to freelancers and contractors but can be a little confusing. Here, we explain simply what IR35 is and who it can affect.
Read moreSelf-employed individuals can use two different methods to expense business vehicle costs. Here, we investigate the positive and negatives for both methods and which one might be right for you.
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