This might sound stupid, if so, then it probably is ... BUT, do I need to register a business for PAYE where it's sole employee will be earning less than £112 per week AND is also self-employed? In other words, does the employee's self-employment count as "another job" .... if not, then I don't need to register that business for PAYE. But if self-employment does count in HMRC-speak as "another job", then I do need to register that business for PAYE.
I've tried googling this, but to no avail. And, as I said, this does sound like a crazy question, since employment and self-employment are both strictly speaking employments ... but you never know when dealing with HMRC, who often interpret the English language somewhat differently to me.
I appreciate your input. Thanks
Replies (16)
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No ...
... because they are on self-assessment they will be submitting a tax return and will account for this income.
The other employment question is to ensure their tax code is applied correctly.
They will pay no tax on the employment and any excess personal allowance will be off-set against their self-employed income.
I think it's 'no'
I think that 'another job' really means another employment potentially subject to PAYE. That's about the only thing that will have a tax consequence and setting up a new scheme would be a complete waste of time and effort otherwise.
Unless he really really wants a PAYE scheme I wouldn't bother.
What can be ...
... more definite than "NO" ffs, I even explained exactly why it is no - I wonder why I waste my time some days!
AccountingWeb
... more definite than "NO" ffs, wonder why I waste my time some days!
AccountingWeb seems to have been transformed into a timewasters forum. There's non-accountants wanting free advice when it's obvious they need an accountant to help them. There's accountants asking how to do the most basic things.
i thought I was grumpy!
To be fair, when I saw the title of the Original Post I thought "Oh! another daft question"
But, when I read the body of the text I realised that it was something that's probably happened to all of us at some time or other. It's that situation where you find yourself overthinking the question and start finding problems with the obvious answer even when it's really is the right one.
KH has explained his thinking and I think that helping with his nagging doubt was what we're here for.
Lets save our distain for the 'know-nothinmgs' hoping for a free ride.
I think after almost 4 years he's probably either got his answer, or doesn't care anymore...