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accounting byte

accounting byte

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  • Profile Type: Regular Member
  • Profile Views: 528 views
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  • Last Update: Jun 2
  • Last Login: Jun 2
  • Joined: Jan 7
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    • accounting byte
    • 7 posts
    Posted in the topic What is the process for registering myself as self-employed in the UK? in the forum Off-Topic Discussions
    June 2, 2025 5:44 AM PDT

    how do i register as self employed You need to complete a form on the HMRC website to register as self-employed in the UK. The first thing to do is either create or sign into your Government Gateway account. Then complete the “register for Self Assessment and Class 2 National Insurance” form. Your Unique Taxpayer Reference (UTR) will be sent to you by post from HMRC. This is required for you if you make over £1,000 as a self-employed person in a tax year. When you register, you have access to paying the right tax and NI each year.

     

    • accounting byte
    • 7 posts
    Posted in the topic What does CRN mean in the world of business? in the forum Off-Topic Discussions
    May 28, 2025 5:52 AM PDT

    In business contexts, CRN is short for Company Registration Number. It is a certain number that becomes the company’s unique identifier upon registering with a registered authority. The CRN is used for both identification in court and for everyday administrative work. Tax filing, compliance reporting and maintaining public records all require audits. #### This equipment shows that the company has the right to exist and operate according to the law

    • accounting byte
    • 7 posts
    Posted in the topic What is the greatest amount you can take out from a Chase ATM? in the forum Off-Topic Discussions
    May 16, 2025 5:44 AM PDT

    max withdrawal from chase atm depends on the type of account and your card preferences. The standard ATM daily limit set by Chase is often $500 to $3,000. Some accounts, like Chase Private Client, increase the daily limit a user can withdraw or transfer. It is possible to confirm the spending limit on an individual account with either the Chase app or the online settings. Besides daily withdrawals, customers can either visit a branch, make a written payment to themselves, or pay for items with their debit cards.

     

    • accounting byte
    • 7 posts
    Posted in the topic What do I need to do to become registered as self-employed? in the forum Off-Topic Discussions
    May 12, 2025 5:53 AM PDT

     For registration as a register self employed in the UK:

     

    Visit the official HMRC website

     

    Make sure to sign up for or enter your details into your Government Gateway account.

     

    Ensure you enter your National Insurance number and personal information.

     

    Indicate whether you are self-employed and give a description of what your business involves.

     

    Your Unique Taxpayer Reference (UTR) will be sent to you after registration is confirmed.

    Following registration, you must submit a Self Assessment tax return each year and pay both income tax and National Insurance. Make sure you register by 5 October at the end of your first year in business.

     

    • accounting byte
    • 7 posts
    Posted in the topic What is the difference between salary and hourly pay? in the forum Off-Topic Discussions
    April 8, 2025 5:03 AM PDT

    The major difference between the amount of salary and hourly pay rests upon how the employees are paid. This salaried worker gets the same fixed salary every pay period, but the hours he or she works doesn’t matter. Hourly employees work for exactly an hour, and they are paid by the hour — including overtime hours if they exceed 40 hours a week. The flexibility such jobs provide may come at the cost of financial stability but it can be more flexible. Depending on nature of role, both employers and employees may want to or need to take one meaning life style, job security or earning potential over time.

    Read more: salary vs hourly

     

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