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Self employed

 
(@trustone)
Active Member Registered

Hi,

I am about to set up as a sole trader. I have not paid any CMS for the last few years and I am not sure how the CMS will work out my payments as there won’t be a tax return for them to reference. 

I am going to initially send a letter to let them know I am now working as self employed and ask them how they want me to proceed. 

Thanks for any help you can provide. 

Quote
Topic starter Posted : 29/05/2024 11:41 pm
(@bill337)
Illustrious Member

hi, you should call them and tell them your going self employed. they may ask you to send them a forecast of your earnings for next 12 months, or they say they will wait and see your self assessment tax return after 12 months.

ReplyQuote
Posted : 30/05/2024 12:39 pm
(@trustone)
Active Member Registered

@bill337 

Hi,

Many thanks for the reply. If they want to wait for the tax return how will they work out what I am to send my ex wife now. I’ll be earning different amounts on a weekly basis and in the past I paid direct pay monthly. My earnings are going to be all over the place for the next few months while I get going. 

I am not looking forward to dealing with the farce that is the CMS. 

Thanks for any advice you can offer. 

ReplyQuote
Topic starter Posted : 30/05/2024 10:22 pm
(@bill337)
Illustrious Member

Am not sure how they will work it out. Do you get universal credit?

I recommend you join this support group for paying parents:

https://facebook.com/groups/239699060076601/

 

 

ReplyQuote
Posted : 31/05/2024 8:31 pm
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