Selfemployed, Credit Checks & PAYE

FlyingBoomerang

I am employed and paid by PAYE in the 20% tax band, I also do a bit of sole-trading which I declare by self assement.

I am entitled to employee discount so I want to use the services of my employer, but they'll need to do a credit check, my questions are.

1. Does a credit check show that I have completed a self assement, or how much I have earnt or paid in tax in for the PREVIOUS financial year?
2. If I earn enough to put me into the 40% band this year, will HMRC inform my employer and tell them to charge me 40%? Or do I just pay the 40% on anything over the threshold on what I earn through self employment?

CLAPTON

credit checks contain no information from the HMRC about your earnings or tax

your self assessment will include details of your paye and your self employment; HMRC will work out your NI and tax based on your self assessment form
they will collect the tax owed directly from you; they will not involve your employer

FlyingBoomerang

Thanks so much. Basically I do quite a lot of gardening during the summer which nets me a nice little earner, so selfemployed if you were (not a business). I just didn't want my employer to do a credit check on me only to find that I did a self assessment for last year!