KFT, BT, Self employed or casual worker
Oct 6th 2013, 7:29 pm
#46
Just Joined
Joined: Aug 2013
Posts: 6
Re: KFT, BT, Self employed or casual worker
Hi, thanks!
I didn't pay anything there, but I'm waiting for a doc in the post which I must pay... I think it was 5,000 ish/month.
I am a KATA. I pay 50K/month and then tax free up to 98K/month. Anything over that is set at 16% but I'm not permitted to make over around 450K/month (6 million/year).
Not so complicated!
Good luck,
Dan
I didn't pay anything there, but I'm waiting for a doc in the post which I must pay... I think it was 5,000 ish/month.
I am a KATA. I pay 50K/month and then tax free up to 98K/month. Anything over that is set at 16% but I'm not permitted to make over around 450K/month (6 million/year).
Not so complicated!
Good luck,
Dan
Dec 1st 2013, 12:00 pm
#47
BE Enthusiast
Joined: Nov 2010
Posts: 878
Re: KFT, BT, Self employed or casual worker
Hi, thanks!
I didn't pay anything there, but I'm waiting for a doc in the post which I must pay... I think it was 5,000 ish/month.
I am a KATA. I pay 50K/month and then tax free up to 98K/month. Anything over that is set at 16% but I'm not permitted to make over around 450K/month (6 million/year).
Not so complicated!
Good luck,
Dan
I didn't pay anything there, but I'm waiting for a doc in the post which I must pay... I think it was 5,000 ish/month.
I am a KATA. I pay 50K/month and then tax free up to 98K/month. Anything over that is set at 16% but I'm not permitted to make over around 450K/month (6 million/year).
Not so complicated!
Good luck,
Dan
Just coming back to this thread and the full information you kindly supplied. Am I right in saying you are registered as a sole trader (therefore you are not a BT/Kft et) but you technically pay the KATA tax?
Many thanks
Dec 1st 2013, 8:43 pm
#48
Just Joined
Joined: Aug 2013
Posts: 6
Re: KFT, BT, Self employed or casual worker
Hello there,
You are correct.
However, right now, I have paused because the hotels are quiet and I'm allowed a pause for a duration of 5 years but I am not permitted to give invoices/make money during a paused month. I can restart when I wish.
I hope my blurb helps some people. I suppose those wishing to transfer business affairs to here will find no help in my post, but I'm happy to answer/help/meet with anyone if required.
Best,
Dan
You are correct.
However, right now, I have paused because the hotels are quiet and I'm allowed a pause for a duration of 5 years but I am not permitted to give invoices/make money during a paused month. I can restart when I wish.
I hope my blurb helps some people. I suppose those wishing to transfer business affairs to here will find no help in my post, but I'm happy to answer/help/meet with anyone if required.
Best,
Dan
Dec 2nd 2013, 6:54 am
#49
BE Enthusiast
Joined: Nov 2010
Posts: 878
Re: KFT, BT, Self employed or casual worker
Hello there,
You are correct.
However, right now, I have paused because the hotels are quiet and I'm allowed a pause for a duration of 5 years but I am not permitted to give invoices/make money during a paused month. I can restart when I wish.
I hope my blurb helps some people. I suppose those wishing to transfer business affairs to here will find no help in my post, but I'm happy to answer/help/meet with anyone if required.
Best,
Dan
You are correct.
However, right now, I have paused because the hotels are quiet and I'm allowed a pause for a duration of 5 years but I am not permitted to give invoices/make money during a paused month. I can restart when I wish.
I hope my blurb helps some people. I suppose those wishing to transfer business affairs to here will find no help in my post, but I'm happy to answer/help/meet with anyone if required.
Best,
Dan
I hope the work picks up again for you soon. 
