Freelance Work
slackda
Registered Posts: 456 Dedicated contributor 🦉
hi all hope you can help me,
So i have been a MAAT for the past twelve months, im looking to start out doing some freelance work, only basic items, book keeping, Tax returns Etc,
im not 100% sure on whether i need to be MIP, im in full time employment as a Management Accountant.
Do i need to Have PI cover? or if only if i become an MIP?
Thanks
Martin
So i have been a MAAT for the past twelve months, im looking to start out doing some freelance work, only basic items, book keeping, Tax returns Etc,
im not 100% sure on whether i need to be MIP, im in full time employment as a Management Accountant.
Do i need to Have PI cover? or if only if i become an MIP?
Thanks
Martin
0
Comments
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If you do freelance work you have to be a registered MiP and carry PII.
Also check your contract of employment that your employer doesn't mind you doing this work.0 -
Speak to the MIP team, as there are some exemptions to being a "proper" MIP - from memory the turnover level is £5K pa, but I cannot remember what it exempts you from :confused1:
Claudia0
