We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

CIS and part time work

I'm currently working in construction on a self employed basis and paid using the CIS scheme. Is it possible for me to work a regular PAYE job on evenings and weekends for a little extra income? Self assessments ask about income from other sources, can any extra income from a PAYE part time wage be declared on my SA or would the only option be changing back and getting a regular PAYE tax code. 

Comments

  • comeandgo
    comeandgo Posts: 5,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You are correct, your PAYE earnings should be declared on your self assessment along with any tax you have paid through PAYE.  
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 19,336 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    edited 4 October 2020 at 5:48PM
    can any extra income from a PAYE part time wage be declared on my SA or would the only option be changing back and getting a regular PAYE tax code. 

    Lots of people run their own business and have a PAYE job at the same time, nothing unusual at all.

    You would likely get the standard tax code of 1250L and pay little or no tax on the part time wage.

    You declare the taxable pay (and any tax deducted) from the job on your Self Assessment return and it forms part of your Self Assessment calculation.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.