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Self assessment for client leisure activities

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Comments

  • In all this we don't know the nature of the OP's day job.

    It could be something like a tour guide who is allowed to "moonlight" in the evenings; with a self volunteering group of clients; if the day time experience has been a success.

    To me that would be an example of self employed self risk enterprise.
  • liamcov
    liamcov Posts: 658 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    In all this we don't know the nature of the OP's day job.

    It could be something like a tour guide who is allowed to "moonlight" in the evenings; with a self volunteering group of clients; if the day time experience has been a success.

    To me that would be an example of self employed self risk enterprise.

    That is kind of on the right tracks, so what does that mean for me, what do I have to do etc?
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    liamcov wrote: »
    That is kind of on the right tracks, so what does that mean for me, what do I have to do etc?
    if you want meaningful advice you will have to be more open about the circumstances of how this income arises
  • chrismac1
    chrismac1 Posts: 2,585 Forumite
    You need to be more specific here because what is being proposed here will sound to HMRC like something called "false self-employment". If you Google this, or "IR35" you will stumble upon the biggest UK tax battleground of the past 10 years.

    This is not something you want to sleepwalk your way into. Done properly, what your employer is proposing could work and it could be that during the day they act as your employer on a contract of service, but during the evenings your relationship is more one of employment agent and self-employed contractor.

    Done badly, you get trapped by IR35 and both end up with a load of hassle from HMRC and higher tax bills than you first thought of.
    Hideous Muddles from Right Charlies
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