View Full Version : Self-employed & paying tax? Don't forget!
Agh! I've just realised that the lovely people at HMR&C require a 'payment on account' by this Friday 31st July.
Don't forget if you need to do this too!
Specialone
28-07-09, 09:49 PM
Agh! I've just realised that the lovely people at HMR&C require a 'payment on account' by this Friday 31st July.
Don't forget if you need to do this too!
Paid mine last week, sad times:(
Mr Speirs
28-07-09, 09:59 PM
Paid mine last month. Barstewards.
keith_d
28-07-09, 10:00 PM
Yup - but don't worry, Gordon's already spent it before you write the cheque.
Heres a question some of you might be able to answer, I have a full time job, I work 4 on 4 off perm nights, on my 4 days off I want to do some work for myself, at what point do I need to notify the tax people ? in other words is there a limit to what you can earn before you have to pay tax on your secondary income ? bearing in mind its just a bit of casual and may not lead to anything special
Thanks
Stew
SoulKiss
29-07-09, 09:44 AM
[QUOTE=stewie;1987159]Heres a question some of you might be able to answer, I have a full time job, I work 4 on 4 off perm nights, on my 4 days off I want to do some work for myself, at what point do I need to notify the tax people ? in other words is there a limit to what you can earn before you have to pay tax on your secondary income ? bearing in mind its just a bit of casual and may not lead to anything special
Thanks
Stew[/QUOTE
From the very beginning.
You dont get a second allowance for a second job - your income, no matter from how many sources, is still your income.
You will also need to inform your permanent employer I believe.
Well thats a non starter telling my firm, they will say it contravenes my working time directive and could put there operators license at risk,standard answer Im afraid, thanks anyway David :D
SoulKiss
29-07-09, 10:01 AM
Well thats a non starter telling my firm, they will say it contravenes my working time directive and could put there operators license at risk,standard answer Im afraid, thanks anyway David :D
I dont think the law says you need to tell them, but there is probably something in your contract.
Well thats a non starter telling my firm, they will say it contravenes my working time directive and could put there operators license at risk,standard answer Im afraid, thanks anyway David :D
You don't have to tell them, you do tell the inland revenue who will adjust your tax code, or give you a self cert form for you tax at the end of the year.
Dan
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