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usc form????

cleoh23 · 2011-01-11 18:50:11

im starting my own hair salon 1st feb. received my p45 from previous employer. breifly read sumwhere that i need a usc form?? anybody know if i have to pay this universal social charge on my earnings???? or what the hell its about??

11-01-2011 6:50pm

#1

cleoh23

Closed Accounts Posts: 51 ✭✭

Join Date: September 2009

Posts: 23

im starting my own hair salon 1st feb. received my p45 from previous employer. breifly read sumwhere that i need a usc form??

anybody know if i have to pay this universal social charge on my earnings????

or what the hell its about??

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Comments

#2 12-01-2011 12:55pm

BarMcc

Closed Accounts Posts: 20 ✭

Join Date: January 2011

Posts: 20

If you leave employment in 2011 you should received an USC certificate with your P45. You will need this certificate when completing your tax return.

USC is payable on profits of sole trade. This will need to be paid along with income tax.

You should speak to an accountant or go through Revenue website for more information on starting a business.

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