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self employed but can i take on a part time job as well?

hi
at the moment im working as a self employed handyman, im a single parent and i also get tax credits.
works been really slow the last month or so and i was wondering if i could take a part time job at nights say for about 16 hours a week but still do my handyman services as well.
i realise i must be working over 24 hours to get my tax credits.
which i would still doing with another 30 or so of my hours as a handyman.

how would this work? obviously if i worked for someone like tesco for 16hrs at night then id be paying tax and NI through them.
but in my handyman job i pay my own tax an NI
can i do both at once, would it be very complicated?

thank you in advance for any replies

Comments

  • mazza1985
    mazza1985 Posts: 354 Forumite
    They would split your tax code between the 2 jobs, or tax you at emergency rate on second job.

    Shouldn't be a problem for tax credits as long as you are doing 16+ hours (it only needs to be 16 for single parent) and you declare both jobs. Although finding childcare at night will be difficult and costly!
    Baby Mazza due New Years Day 2013!
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