Tax treatment of part-time income | AccountingWEB

Tax treatment of part-time income

I am working full-time for a company and am considering some part-time assignment during week-end on a one-time basis. I am in the 40% bracket. How will the income obtained from the proposed assignment be treated in my hands? I do not want to be classified as Self-employed for this purpose and I propose invoicing it in my name? How much NIC do I have to pay? Any other issues that I need to be aware of?
Rajaram Jamadagni

There are 5 comments. Login or register to view them.

BR Tax and NI - Deferment is an option

damianmc |


AnonymousUser |

Agreed 2, the sequel

neileg |


neileg |


Anonymous |