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How do I set my social status in “Social contributions” if I am retired and still run a business? Is that a secondary occupation? I am not subject to VAT.
How do I set my social status in “Social contributions” if I am retired and still run a business? Is that a secondary occupation? I am not subject to VAT.
If you have more than roughly £3,200 net income per year from your secondary occupation, I believe you are required to pay social security contributions.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.