13-09-2022, 07:55
Hi, not nowadays no, has to be as soon as you earn any value.
"Do I need to register self-employed straight away?
For example, if you started a business/ became self-employed in July 2021, you'd need to register your business by 5 October 2022 at the very latest. You should not wait until the last minute before you begin the registration process just in case something goes wrong."
It use to be you could earn up to the point of personal allowance, £12570 at current, but now its everyone must register.
"Do I need to register self-employed straight away?
For example, if you started a business/ became self-employed in July 2021, you'd need to register your business by 5 October 2022 at the very latest. You should not wait until the last minute before you begin the registration process just in case something goes wrong."
It use to be you could earn up to the point of personal allowance, £12570 at current, but now its everyone must register.