Social Sciences, asked by varshithaedla055, 5 months ago

Discuss the differences between self employment and looking for work using examples from your own (please I need own answer not google answer)please, I need big answer in box​

Answers

Answered by dasabhay726
2

Answer:

Self-employment is the state of working for oneself rather than an employer.

Generally, tax authorities will view a person as self-employed if the person chooses to be recognized as such, or is generating income such that the person is required to file a tax return under legislation in the relevant jurisdiction. In the real world, the critical issue for the taxing authorities is not that the person is trading but is whether the person is profitable and hence potentially taxable. In other words, the activity of trading is likely to be ignored if no profit is present, so occasional and hobby- or enthusiast-based economic activity is generally ignored by authorities.

Answered by BrainyStar44
0

Answer:

  • in self employment people create their own employment and and their livelihood.they do not depend either on government or any other persons for their livelihood.
  • e.g. : working in their own farms,opening a shop or public telephone or establishing a small organisation like manufacturing of candles, matchboxes, etc.
  • on the other hand some people cannot create their own employment.they generally depend on government or any other organisation or a person for earning their livelihood.
  • e.g. : walking in the feels of others, aur India shop for working as government servant, etc.

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