Vagaries of the UK Tax system – “sharefishermen”

Having been self employed for the last tax year, I have to contribute National Insurance contributions only at the paltry rate of £2.00 a week. Not bad. But what really made me laugh was the appearance of a separate category for conributions entitled “Sharefisherman” who have to pay £2.65, a whole £33.80 extra a year. I mean, what the %$*! is a “sharefisherman”?? Google to the rescue – Under an Irish tax document, you find this definition

“In the fishing industry, one of the traditional methods of payment to crewmen/women working on board fishing vessels is by ‘share’ of the value of the catch. If you work in the fishing industry and are paid solely by ‘share’ of the catch you are a Share fisherman /woman.”

No particular explanation as to why they are charged more, but I’ll let you know if I find out.

Advertisements

Leave a comment

Filed under All posts

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s