PII Insurance
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I am slightly confused with the PII insurance that I need to get in order to become a member-in-practice. I need to register as I do a part-time (4 hours per week) job that I have to pay my own tax & NI on. (Because the Tax Office have told me to register as self-employed, I therefore need to also register as member-in-practice with the AAT).
How much should my PII insurance be for, if I am only working for the one client and will not earn more than £2k pa doing this? :?
How much should my PII insurance be for, if I am only working for the one client and will not earn more than £2k pa doing this? :?
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Re:PII Insurance
If you look at the links on the left of this page and go to the MIP bit, and then PII - it says on there that it is £47.25 if you join their block policy if your fee income is less than £5K per annum.
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