1.1(1.2) Describe the key legal and taxation differences between main types of employment status
Legal terms and conditions will vary depending on the type of employment status you are involved in. This can change agreements to pay, holiday, sick pay and tax.
When it comes to full time and part-time work, national insurance and income tax contributions will be deducted from your income automatically. You will be taxed if you have a sufficient enough income.
How much you are taxed will depend on how much you are earning.
Tax still applies to those who are self-employed or freelance, however you will have to determine your tax pay yourself, something that your employer would usually do. Government websites do offer a tax calculator in which you will enter you details of employment and it does the job for you.
When it comes to volunteer work you are not liable to pay tax or a national insurance contribution as you are not being paid in the first place.
Paid apprenticeships are commonly on minimum, or the apprentice wage which is £2.73. These wages tend to fluctuate annually, and adapt to features such as age. If on the apprenticeship wage, this would not be a sufficient enough wage to pay tax or a national insurance contribution.
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