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Side consultancy during garden leave
E11btt
Posts: 27
Forumite
I’ve been made redundant but on paid garden leave until March. I have been given permission to do some consulting work. If I do this I will pay tax but do I also need to set up PAYE and pay another salary on top of another? Or just minus expense and tax and pay myself profit/dividend from the consultancy work?
0
Comments
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How are you working for the client?
Self-employed - self assessment at the end of the yearEmployed - they sort it outAgency - they sort it outLtd company - not sure, I think then you do need to sort out PAYE or self assessment depending on how you set it up0
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