Unit 1 awareness of employment in the creative media sector
1. UNIT 1
1.1 Awareness of employment in the creative media sector
1.2 describe the key legal and taxation differences between main
types of employment status
1.3 explain the main implications of each employment status in
relation of job security, flexibility and working pattern
2. Different types
of employment:
Employed
Being employed your entitled to
£10,000 a year before you pay any
taxes.
Income tax and NI is payed by the
employer as a part of the (pay as
you earn) scheme.
• Been employed your security is
secure as you have signed a
contract with your
company/employer.
• Because you have signed a
contract you have set hours
and therefore your not really
that flexible.
3. Been self employed your
classed as a sole trader
even if you have not told HM
revenue and customs.
• you have to pay your
own TAX, Rent and any
additional costs for
equipment you may need.
• Been self employed you
can be flexible but you
never know when your
next job is or where it is
at.
• Higher paid but not
always guaranteed.