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Will it benefit me to go Self Employed?
Gasket
Posts: 13 Forumite
in Cutting tax
Hi I wonder if you can help me.
I am currently employed as a Firefighter earning approx £28K per year, which is paid monthly on a PAYE basis.
I also have a second job, part time in an insurance office where I earn between £8 - £10K per year this is also dealt with on a PAYE basis and my tax code is BR.
My query is whether i would be of benefit to go self employed and invoice my employer each month. I am not sure if this would open up any tax benefits for me.
Your advice is appreciated.
I am currently employed as a Firefighter earning approx £28K per year, which is paid monthly on a PAYE basis.
I also have a second job, part time in an insurance office where I earn between £8 - £10K per year this is also dealt with on a PAYE basis and my tax code is BR.
My query is whether i would be of benefit to go self employed and invoice my employer each month. I am not sure if this would open up any tax benefits for me.
Your advice is appreciated.
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