Self employed - advice please

Choff

Hi

I hope someone can help me, this is my first post!

I am currently self employed working as a rental agent for property in Spain. This is all fine and easy enough. However, I am soon to start working as a PA for a financial adviser, and if its doable, I plan to be self employed and invoice him for the work.

Is this allowed? As I am self employed, do I have to do just one sort of work? or can I do this, have two seperate 'jobs' but being self employed?

Hope this makes sense and someone can advise...

Many thanks for looking!

inmypocketnottheirs

Are you declaring in the UK your income from Spain?

kalaika

Assuming you are in the UK, you cannot just choose whether your new role for the financial advisor will be employed by him or self employed.

See http://www.hmrc.gov.uk/employment-status/index.htm

If it is correct that you will be self employed then you will be classed as having two separate self employment 'trades'.

Hammyman

Yes you can have as many strings to your bow as you want. I have two, a friend of mine seems to add another every week. If filling out a UK tax return, you will need to fill a S/E section for each business seperately.