Roland Perry

In message <slrng686at.4cu.devnull@dirac.home.woodall.me.uk >, at
22:34:05 on Thu, 26 Jun 2008, Tim Woodall <devnull@woodall.me.uk>
remarked:

>>>It would be far better if Evans were instead encouraging people to go
>>>back to their employer and get them to do the cycle to work scheme.
>>
>> I'm self employed; can I do this too?

>I believe so, yes. Assuming you pay yourself a salary rather than
>dividends.

But a self employed person has neither salary or dividends. All you have
is the "profit" (income less expenditure) which is then taxed just the
same as an employee's income, but with lower NI.

>The only significant requirement is that the majority use must be for
>commuting.

Hmm, I work from home; but if I was visiting a client for the day I
could cycle to the railway station (rather than taking the bus).

--
Roland Perry