Transcription of If you stop trading - what you need to know - GOV.UK
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If you stop trading - what you need to know - GOV.UK
Tax help series Tax help series Customers with particular needs If you need extra help, please let us know. For example, if: If you stop trading English is not your first language you would like us to use a certain what you need to know se format to communicate with you, for example, Braille or Text Relay. The quicker you tell us that you have stopped trading the better, so that we can If you use Text Relay by help you get your tax affairs in order. By contacting us early it will save you time textphone, dial 18001 + number and inconvenience. phone, dial 18002 + number tu Here we tell you: you would like us to visit you at home what we mean by 'stop trading ' because it is difficult for you to get to what you need to do if you're no longer self-employed one of our offices.
When you stop being self-employed, you no longer have to pay Class 2 National Insurance contributions (NICs). To stop paying Class 2 NICs you need to call the ... • pay over any Pay As You Earn (PAYE) that's been deducted from employees' wages • complete a tax return to cover the part of the tax year when you stopped trading.
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