Becoming a MIP
Hi there Oli again,
Just wondering when you become AAT qualified can you do people's accounts for them for free or charge them while doing a full time job? Do you require a license, liability insurance etc? And do you have to become self employed even though you are still employed?
Any info would be much appreciated
kind regards
Just wondering when you become AAT qualified can you do people's accounts for them for free or charge them while doing a full time job? Do you require a license, liability insurance etc? And do you have to become self employed even though you are still employed?
Any info would be much appreciated
kind regards
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Comments
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http://www.aat.org.uk/servlet/file/Application_for_exemption_for_members_in_practice.pdf?ITEM_ENT_ID=2758&COLLSPEC_ENT_ID=187
Here you go.
As you're not earning anything it would be classed as a hobby and therefore you don't need to register as self-employed. I think you still need PII but normally they base your level of cover on your turnover.0
