help me

SarEl

grant1 wrote: »

well it true what they say some people just aint helpfull
:T

And some people can't spell, are not literate, and are probably a troll judging by the last response. If you can't get an intelligible sentence (which, by the way, includes things like commas and full stops) out of your keyboard then how on earth do you expect helpful advice?

wombles_forever

If you are employed by Bounty as an employee then they will take any tax or NI you should pay direct from your wages. As you now want to take on a self employed role as well then as you have already been self employed you will have to let HMRC know that you will now be self employed as well as an employee and then declare the income from the courier job by self assessment form the same as when you were with Provident. So effectively you will be employed and self employed at the same time.

Hope I have understood you correctly and this is what you asked.

Sambucus_Nigra

grant1 wrote: »

well it true what they say some people just aint helpfull
:T

People are helpful. However they can only help when they can understand what the problem is.

Which is why if you DO want help, being clear as to the issue will help us to help you.

If you have 2 jobs, one employed and one self-employed then you will continue to complete a tax return every year. There will be a section on the tax return to include the figures from the P60 from your other job.

DCFC79

grant1 wrote: »

well it true what they say some people just aint helpfull
:T

We can only assist on the information provided if the request for info/help is understandable, if it isn't readable then how can 1 help.

grant1

WOMBLES FOREVER

YOU ARE FANTASTIC YOU HELPED ME GREAT FUNNY HOW YOU UNDERSTOOD WHAT I WAS TALKING ABOUT,
THANK YOU AGAIN :j:j:j:j:j:j:j

grant1

Thank you thank you
you answered what i wanted to no

Hammyman

grant1 wrote: »

i started working for bounty at hospital wages are based on commision only, i have just been offered another job that i want to do aswell, its working for yodel self employed courier do i need to declare this to anyone, if i pay astamp already or whats the best way round it, as i explained it at the top its strAIght forward to understand

Yes if you are not self employed you need to register as self employed with HMRC for the Yodel work, keep a set of accounts and complete a self assessment every year. Don't forget to claim for mileage and other expenses when doing the Yodel work or you'll be diddling yourself out of money. If you claim tax credits you will also need to tell them of the changes and give them an estimated profit (income less expenses) from Yodel up to 5/4/2012.

However as you are self employed, you'll need to start up a new set of books for a new business and notify HMRC self employmeny helpline of the change of business name and type. When you fill in your self assessment form, you'll need to complete three sections for the self employment as each business needs to be separate - a section for the Provi business then one for the Bounty (if you're not an employee) and one for Yodel. Also as you are already self employed as tax credits are aware, you only need to notify change of income, not business.

getmore4less

What sort of money can you make in these jobs?

Self employed courier work often seems to be marginal due to time/costs

Employed commission only might fall foul of minimum wage legilation if you don't earn much.

jobbingmusician

grant1, have a look at the mystery shopping thread, first post (on up your income board) - it's full of good advice on being self employed and employed at the same time

dmliverpool

Agree with most of the above. What every you earn as an employee will be collected by the HMRC as the receive tax and NI payments on the amounts you are paid by any employer. Unless you receive cash in hand which you shouldn't. Any money you earn as a self employed person will need to be recorded by you, it's your responsibility and not the contractors (The company or person who pays you to do the self employed work) and depending on what industry you are in they may pay the tax and national insurnace for you, if not they will pay you an increased rate and have in in a contract that you pay it directly to HMRC yourself.

At the end of the year you will need to declare all of the money you have earned. For your employed work you can do this via your wage slips in the total pay to date section, alternatively you can ask for a statement of earnings via HMRC tax office. For your self-employed work most people employ an accountant (£100-£300 in yorkshire depaending on the size of the return) to process there return. After the tax return date has past you will get a tax return cheque for any expenses or other items that should not have been taxed.

Now this does make life difficult when claiming w/tax credits etc as you can not give them your current years earnings until you do a return. You can go on last years earnings. I sure I have missed something but I am sure someone will update add to my process... Lol