Tax Return Part PAYE/Part CIS
Discussion
So this year is the first year I need to do a self-employed tax return.
What is slightly more complicated is that I started the financial year as a PAYE employee (until the end of June), and then I have been CIS self-employed since.
Do I just ignore the PAYE tax/NI contributions payed already and only declare what I have earned since being self employed? Or could it be possible that I would be owed a rebate from the PAYE employment as I was earning significantly more than my new line of work, and thus was in the higher tax bracket (redundancy sucks!).
Cheers, Dan.
What is slightly more complicated is that I started the financial year as a PAYE employee (until the end of June), and then I have been CIS self-employed since.
Do I just ignore the PAYE tax/NI contributions payed already and only declare what I have earned since being self employed? Or could it be possible that I would be owed a rebate from the PAYE employment as I was earning significantly more than my new line of work, and thus was in the higher tax bracket (redundancy sucks!).
Cheers, Dan.
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