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  • FIRST POST
    • Jools222
    • By Jools222 17th Jun 17, 5:07 PM
    • 10Posts
    • 4Thanks
    Jools222
    Full time employment and a Self Employed 2nd job
    • #1
    • 17th Jun 17, 5:07 PM
    Full time employment and a Self Employed 2nd job 17th Jun 17 at 5:07 PM
    Hi all. I need you're fantastic advice again.

    So I have a full time job and am looking at getting a second job where it would be on a self employed basis. Can you advise on whether I need / must let my current employer know and also how I go about doing my own tax / national insurance. I've looked into it but it's just so complex. Any advice would be great.

    Thanks in advance. Jools. xx
Page 1
    • anmarj
    • By anmarj 17th Jun 17, 6:38 PM
    • 1,571 Posts
    • 1,226 Thanks
    anmarj
    • #2
    • 17th Jun 17, 6:38 PM
    • #2
    • 17th Jun 17, 6:38 PM
    You will need to check your contract, to see if it mentions other employment, some allow some it, some don't. If you go ahead, you need to let HMRC know that you are also self employed as at the end of the tax year you will need to complete a self assessment, which you put your paid work, tax paid through that, and your self employment income/expenditure. Tax and NI still have to be paid through self employment even though you will be paying as a PAYE. But this is not decided until the self assessment is done, you may want to put a certain % aside each month to cover this.
    mummy to one

    "A little knowledge is a dangerous thing"
    • Geoff1963
    • By Geoff1963 17th Jun 17, 6:43 PM
    • 593 Posts
    • 376 Thanks
    Geoff1963
    • #3
    • 17th Jun 17, 6:43 PM
    • #3
    • 17th Jun 17, 6:43 PM
    Most firms allow second jobs, they are only interested in any conflict of interest. Work out how to "sell" whatever it is you want to do, so they agree you can do it.

    Think of people in the TA, who bring skills back to the workplace.
    • lesley74
    • By lesley74 18th Jun 17, 8:24 PM
    • 2,081 Posts
    • 1,267 Thanks
    lesley74
    • #4
    • 18th Jun 17, 8:24 PM
    self employed
    • #4
    • 18th Jun 17, 8:24 PM
    I am employed full time and also self employed. When I started with my employer last year, I saw it was in my contract, so informed them. I was self employed for almost a year before this, and have been registered as self employed with HMRC since I started the work. It's not difficult, but you will need to make sure you are willing to register and do a tax return. My self employed work is random field work for a variety of companies, so I do have to keep records of income and expenses in detail.

    Happy to help if I can if you have any questions.
    • lesley74
    • By lesley74 18th Jun 17, 10:19 PM
    • 2,081 Posts
    • 1,267 Thanks
    lesley74
    • #5
    • 18th Jun 17, 10:19 PM
    self employed
    • #5
    • 18th Jun 17, 10:19 PM
    duplicate post - sorry
    Last edited by lesley74; 18-06-2017 at 10:19 PM. Reason: duplicate
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