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I'm employed and doing freelance work too - how do I work out tax roughly?

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Comments

  • I would just register on-line now, and wait and see what happens. Apply for the NI exemption too. Not sure how far you can stretch the "starting as SE".

    Your 10/11 return is due 31st October 2011 on paper, or 31st January 2012 on-line.....with the tax due by the same date.

    So do the return a bit early if you can and make sure you have enough laid by for the tax.
  • gunark
    gunark Posts: 10 Forumite
    Thank you all for your help, useful and enlightening as I had hoped!
  • property.advert
    property.advert Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Do you really want to complicate your life so much for a few quid and forever have the damn tax man on your case ? I would seriously consider what you are thinking about doing as once you tell them, you cannot retract anything. The right thing is not always the right thing to do.
  • gunark
    gunark Posts: 10 Forumite
    I've been paid by companies by invoice so they are in the system as such. I don't want to play any dishonest gamestht may.catch up with me one day.
  • jennifernil
    jennifernil Posts: 5,840 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Very wise. And Self Assessment is not that difficult anyway.
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