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Tax and NI on income additional to main salary - how do you do it?

5 replies

bozza · 12/09/2007 15:55

I work part time and PAYE tax and NI at the ordinary rate. Because my job is currently looking unstable I am looking at ways of generating additional income. One of these was to become a mystery shopper but I am concerned about the tax and NI implications. The amount of money involved would not put me over any thresholds.

TIA

OP posts:
Cappuccino · 12/09/2007 15:57

you ring the inland revenue

you tell them you need to self assess

they send you a load of forms that terrify the bejaysus out of you

you go down to your local office and a lovely lady tells you just what to do and it is stupendously easy

bozza · 12/09/2007 15:58

Would my current work (not bothered much about them, I am just hanging on for the redundancy ) be not happy that I am doing additional work?

OP posts:
Cappuccino · 12/09/2007 16:08

are you part-time? if so it's nothing to do with them what you do with the rest of the time

it all depends on your work tbh

bozza · 12/09/2007 16:13

I work full days but only Tues to Thurs in IT for a company so have always just had straightforward PAYE tax.

OP posts:
bozza · 12/09/2007 16:13

Meant to say thanks capp.

OP posts:
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