So, I have about 6 properties in the UK on which have been paying taxes on the profits, going back as far as 1995.
I would like to qualify for paying class 2 NI contributions.
I believe that in order for this to happen, I need to be able to show that I am a sole trader and not just someone who takes in passive income.
I called HMRC who advised that if I am actively involved in the management or operations, then I could make the case that this is a business and not a passive investment. I would have to register a company with companies house.
Is there any way to register as a sole trader? I dont want to go the companies house route.
Any advice would be appreciated.
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