Extra earnings

[edition]

Hi there,

Just wondering if anyone an help on a tax issue/payment problem.

I have a job at the moment and they sort my tax out with my salary. If I were to do a few hours of work for someone else how would I sort the tax issue and would my employer see that I have additional earnings?

Hope the above makes sence!

Thanks in advance!

[Eric Mc]

If the other job is under the PAYE system, then the other employer should tax you on that basis.

Sometimes people are hired on a "self employed" basis. If that is the case, the individual is legally obliged to contact HMRC and notify them that they are now self employed and will need to complete a self assessment tax return.

However, most people who take on second jobs should really be handled as proper employees and should be taxed through PAYE.

[edition]

Thanks for the reply.

It would I presume be on a "self employed" basis as it's only a couple of evenings work....

Just wondering if it's worth the effort if it's going to be major ballache....

[davepoth]

edition said:

Thanks for the reply.

It would I presume be on a "self employed" basis as it's only a couple of evenings work....

Just wondering if it's worth the effort if it's going to be major ballache....

Best to check the basis. Doing a Tax Return takes about an hour at the most, you'll need your P60, and statements for any bank accounts you've earnt interest on.

[edition]

Thanks.

Would my employer see that I have extra earnings?

[davepoth]

edition said:

Thanks.

Would my employer see that I have extra earnings?

No, they wouldn't.

[Eric Mc]

edition said:

Thanks for the reply.

It would I presume be on a "self employed" basis as it's only a couple of evenings work....

Just wondering if it's worth the effort if it's going to be major ballache....

There is such a thing as a part time employee. Just because you are working only a few hours does not mean yiou are self employed.