Can anyone tell me whether it is possible to have two jobs, one payroll, one self employed?

Question

I am currently working part time 15h a week, on the cards, and want to do some freelance work too to boost my income. Can anyone advise me how I go about this with the tax office etc? I only plan to work an extra 15h a week, but this could increase. Ta!

Answer 1

Depending on your income but if you pay basic rate on your freelance then you may overpay but you can rest easy they wont be chasing you plus if you overpay you will get a rebate
Good Luck

Answer 2

You can have as many jobs as you can handle!
You have to register with HMRC within 3 months of starting your self employment and they will set you up to pay NIC by monthly Direct Debit. You need to keep a record of all you income and expenditure for the freelance work and its best to open a separate bank account for that side of your life. HMRC will send you a tax return after 6 April on which you will declare your income and expenses. The tax will be payable by 31 Jan in the following year. Your present employer will not be informed about this and the freelance income will be entirely separate.
See HMRC's website for lots of helpful info. If there is anything you are not sure about, you can ring their helpline, or call in at your local tax enquiry centre - they are there to help.

Answer 3

You can do as much as you like as long as you declare the earnings to the tax on your next return. The only difficulty is that you should not freelance doing the same type of work as your employer as he has the first call on your ideas etc even if you do not think of them while working for your employer.
Best of luck and have a Happy and Blessed Easter.

Answer 4

Yes, you can have two or more jobs. And yes youre right speak to your local tax office about informing them. (possible online as well but not sure of the address)