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self employment and a 2nd job
maeeve
Posts: 105 Forumite
Hi i am just looking for some much needed advice please... I am self employed and have just taken on a second job. Could anybody help me with what i need to do or tell with regards to the tax office and tax credits?
I have looked all over the website and googled this but havent got any where.
Would appreciate any advice. Many thanks
I have looked all over the website and googled this but havent got any where.
Would appreciate any advice. Many thanks
LBM 25TH FEB 2010 £25k
25th Jan2011 £22k 
TARGET 1=capital one - £200 
PAID
PAID
Target 2=ARGOS
0
Comments
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Is the new job part of the same self employment, a new form of self employment entirely or PAYEI’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0
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If you are already self employed you don't need to tell the tax office anything - just fill in the relevant sections on the S/A form.
You need to inform tax credits and also give them a revised income figure which will be the profit from S/E plus whatever the second job is as well.0
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