answersLogoWhite

0

What is self-employment?

Updated: 12/9/2022
User Avatar

Wiki User

βˆ™ 16y ago

Best Answer

Self employment means, when you owned your own company and you are your own boss.

User Avatar

Wiki User

βˆ™ 16y ago
This answer is:
User Avatar
More answers
User Avatar

Anonymous

Lvl 1
βˆ™ 4y ago

self employment is the act of working for your self.It could also mean establishing your own business.One can only be self employed if he hes the confidence and ability,he might also need facilities available at that time

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is self-employment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Steps taken by the government to remove poverty in India?

National Rural Employment Guarantee Act (NREGA) 2005 was passed in September 2005. The Act provides 100 days assured employment every year to every rural household in 200 districts. Later, the scheme will be extended to 600 districts. One third of the proposed jobs would be reserved for women. The central government will also establish National Employment Guarantee Funds. Similarly state governments will establish State Employment Guarantee Funds for implementation of the scheme. Under the programme if an applicant is not provided employment within fifteen days s/he will be entitled to a daily unemployment allowance. National Food for Work Programme(NFWP), was launched in 2004 in 150 most backward districts of the country. The programme is open to all rural poor who are in need of wage employment and desire to do manual unskilled work. It is implemented as a 100 per cent centrally sponsored scheme and foodgrains are provided free of cost to the states. Once the NREGA is in force, the NFWP will be subsumed within this programme. Prime Minister Rozgar Yozana (PMRY) was started in 1993. The aim of the programme is to create self employment opportunities for educated unemployed youth in rural areas and small towns. They are helped in setting up small business and industries. Rural Employment Generation Programme(REGP) was launched in 1995. The aim of the programme is to create selfemployment opportunities in rural areas and small towns. A target for creating 25 lakh new jobs has been set for the programme under the Tenth Five Year plan. Swarnajayanti Gram Swarozgar Yojana (SGSY) was launched in 1999. The programme aims at bringing the assisted poor families above the poverty line by organising them into self help groups through a mix of bank credit and government subsidy. Pradhan Mantri Gramodaya Yozana (PMGY) launched in 2000, additional central assistance is given to states for basic services such as primary health, primary education, rural shelter, rural drinking water and rural electrification.


Can perdiem travel pay be included in child support?

http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=il&vol=app/2002/2010786&invol=3STATE OF LOUISIANA, DEPARTMENT OFSOCIAL SERVICES IN THE INTEREST OFD. F.VERSUSL. T., JR.MAY 31, 2005CLARENCE E. MCMANUJUDGEhttp://www.fifthcircuit.org/OPINIONS/OIP_2005/05_2005/04ca1455.pdfOn January 1, 2005, the two appeals were consolidated in this Court fordetermination of whether the military allowances for housing and subsidies are tobe included in Taylor's gross income for the calculation of child support to hischildren, Devon Francois and Justin Taylor. We affirm the trial court's ruling thatthese allowances are not to be included in income.DISCUSSION-4-The guidelines for determination of child support are set forth in La. R.S.9:315, et seq. The schedule of basic child support obligations contained in La. R.S.9:315.19 relies on the combined adjusted monthly gross income. According to La.R.S. 9:315C(4), as it read on the date these matters were filed, gross income isdefined as follows:(4) "Gross income" means:(a) The income from any source, including but not limited tosalaries, wages, commissions, bonuses, dividends, severance pay,pensions, interest, trust income, recurring monetary gifts, annuities,capital gains, social security benefits, workers' compensation benefits,unemployment insurance benefits, disability insurance benefits, andspousal support received from a preexisting spousal supportobligation;(b) Expense reimbursement or in-kind payments received by aparent in the course of employment, self-employment, or operation ofa business, if the reimbursements or payments are significant andreduce the parent's personal living expenses. Such payments includebut are not limited to a company car, free housing, or reimbursedmeals; and(c) Gross receipts minus ordinary and necessary expensesrequired to produce income, for purposes of income from selfemployment,rent, royalties, proprietorship of a business, or jointownership or a partnership or closely held corporation. "Ordinary andnecessary expenses" shall not include amounts allowable by theInternal Revenue Service for the accelerated component ofdepreciation expenses or investment tax credits or any other businessexpenses determined by the court to be inappropriate for determininggross income for purposes of calculating child support.(d) As used herein, "gross income" does not include:(i) Child support received, or benefits received from publicassistance programs, including Family Independence TemporaryAssistance Plan, supplemental security income, food stamps, andgeneral assistance.(ii) Per diem allowances which are not subject to federalincome taxation under the provisions of the Internal Revenue Code.(iii) Extraordinary overtime including but not limited to incomeattributed to seasonal work regardless of its percentage of grossincome when, in the court's discretion, the inclusion thereof would beinequitable to a party.-5-(iv) Any monetary gift to the domiciliary party when theobjective of the gift is to supplement irregular child support paymentsfrom the nondomiciliary party.Taylor is paid a "base pay", or salary, as well as a basic allowance forhousing and a basic allowance for subsistence. The basic allowance for housing ispaid to qualifying military personnel to obtain housing when the military is unableto provide the housing. The basic allowance for subsistence is paid to qualifyingmilitary personnel to offset the cost of food for those who live off of the militarybase. These military allowances are non-taxable.In finding that these military allowances shall not be counted as income forthe calculation of child support, the trial court noted that the Internal RevenueService does not tax the basic allowance for housing or the basic allowance forsubsidies paid to military personnel. The trial court found that this is consistentwith La. R.S. 9:315, which provides that gross income does not include per diemallowances which are not subject to federal income taxation under the provisionsof the Internal Revenue Code. The trial court correctly noted that the militaryallowances in this case are not per diem allowances. However, the InternalRevenue Code does not tax the basic allowance for subsidies or the basicallowance for housing, just like per diem allowances, are not subject to federaltaxation.http://www.supportguidelines.com/glines/la_cs.HTMLLOUISIANA REVISED STATUTESTITLE 9. CIVIL CODE ANCILLARIESCODE BOOK I--OF PERSONSCODE TITLE V--DIVORCECHAPTER 1. DIVORCEPART I-A. CHILD SUPPORTSUBPART A. GUIDELINES FOR DETERMINATION OF CHILD SUPPORT(d) As used herein, "gross income" does not include:(i) Child support received, or benefits received from public assistance programs, including Family Independence Temporary Assistance Plan, supplemental security income, food stamps, and general assistance.(ii) Per diem allowances which are not subject to federal income taxation under the provisions of the Internal Revenue Code.(iii) Extraordinary overtime or income attributed to seasonal work regardless of its percentage of gross income when, in the court's discretion, the inclusion thereof would be inequitable to a party.