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Employed and Self Employed
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Roastbeano
Posts: 1 Newbie
in Cutting tax
Hi!
I've been thinking about starting up a small side business to go alongside my full time job. I' currently a Trainee Electrical Engineer, but I used to be a hairdresser, so I want to start up being self employed on the side doing hairdressing, and wedding/prom hair and possibly make up but im not sure how tricky it will be. From what I read online, my full time employer will continue to tax me as usual, but then I pay full tax on my self-employed earning. Can anyone clarify, or explain better what I need to do or how hard it will be?
I've been thinking about starting up a small side business to go alongside my full time job. I' currently a Trainee Electrical Engineer, but I used to be a hairdresser, so I want to start up being self employed on the side doing hairdressing, and wedding/prom hair and possibly make up but im not sure how tricky it will be. From what I read online, my full time employer will continue to tax me as usual, but then I pay full tax on my self-employed earning. Can anyone clarify, or explain better what I need to do or how hard it will be?
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