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two jobs - one employed tax deducted at source, the other freelancing

craftycarper_2
Posts: 2 Newbie
in Cutting tax
hi. am just about to cut my full time job to go part time. in addition, i will be freelancing, whichwill hopefully pull on a higher salary than my part time employed job.
i assume i need to call the tax office and register as self employed? does anyone know how this will work with my tax as i will be deducted at source on this but paid without any deductions with my freelancing.
does it make a difference on the amount i earn? my part time job will be approx 13k pa. hopefully the freelancing wll be more
what do i do????? any advice appreciated
i assume i need to call the tax office and register as self employed? does anyone know how this will work with my tax as i will be deducted at source on this but paid without any deductions with my freelancing.
does it make a difference on the amount i earn? my part time job will be approx 13k pa. hopefully the freelancing wll be more
what do i do????? any advice appreciated
0
Comments
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im really confused now as have been reading through posts
i will be working for a company and given a title. the job will be mine and i cannot send someone else to do it. i use their equipment etc. in affect i am employed but they do not operate like this and will just bacs my monthly payment based on the shifts worked, which is set at three per week. im not due any holiday officially, although someone else who worked there said i will get 0.08 shifts per shift worked (or similar).
i want the job and have accepted the job, it should work out to approx £35kpa and i do not want to rock the boat and hope it will lead to a staff job with all the perks at a later date (and so givde up my other job)
do i just self declare as a freelancer. the good thing is i can claim back my petrol as will be doing approx 300 miles per week travelling0 -
A lot of what you are describing points to employment rather than self employment.
The company cannot just choose to operate like this - they have responsibilities as an employer, like paying sick pay, holiday pay, maternity, paternity, as well as PAYE tax and NIC. I can understand you not wanting to put £35k a year at risk, but my personal view is that if they are abregating their responsibilities in this way, in what other ways will they cut corners - and dont forget that you would have no employment rights in this situation - they can just get rid of you at will.
If they are found to be employing you (and everyone else), then they are liable for the tax and NIC - assuming HMRC can get it out of them.£705,000 raised by client groups in the past 18 mths :beer:0
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