cash in hand and tax,s

[Mike Blair]

******* ****

 

[davesparks]

The best person to ask is your accountant

 

[Octopus]

If you are employed you need to register as self employed, then declare your 2nd income.

Best keep it above board and remember to save 29% for tax and NI

 

[telectrix]

deleted due to misreadingOP.

 

[telectrix]

be clear, mike. is this what you are paid by that skinflint boss, or jobs on the side?

 

[ipf]

deleted due to misreadingOP.

I can't make head nor tail of it, either.

 

[Mike Blair]

be clear, mike. is this what you are paid by that skinflint boss, or jobs on the side?

Skint flint boss lol but I need the money n there's no other jobs around yet

 

[Octopus]

Are you registered as SE?

Are your NI payments being made?


Be careful or you couldend up in one big heap of poo with HMRC

 

[Mike Blair]

I haven't spent my money I have always made sure I have had to 30%on the side for this reason because everyone k ask just doesn't k ow what to do it anoyys me

 

[trev]

Skint flint boss lol but I need the money n there's no other jobs around yet

Holy bloody hell! He's paying you a crap rate and expecting you to be SE?!
Do yourself a favour Mike, ring HMRC and explain your situation to them. They'll send an inspector to look at the guy's payroll and subby payments and they WILL insist that he takes you on as a proper employee.
He's not only having your pants down mate, he's shagging you up the bum.

 

[Pete999]

Mike your posts are becoming more and more difficult to understand.

 

[ImpededLoop]

Holy bloody hell! He's paying you a crap rate and expecting you to be SE?!
Do yourself a favour Mike, ring HMRC and explain your situation to them. They'll send an inspector to look at the guy's payroll and subby payments and they WILL insist that he takes you on as a proper employee.
He's not only having your pants down mate, he's shagging you up the bum.

At the very least you need to inform HMRC that you are self employed. Otherwise they will at some point come looking if you aren't paying in.

It's not worth the risk.

 

[shanky887614]

At the very least you need to inform HMRC that you are self employed. Otherwise they will at some point come looking if you aren't paying in.

It's not worth the risk.

you need to get it done soon because there are big charges if your late with your books etc and they ask 20 days notice if your going self employed.

me mother runs a cake business and there is a charge per day for every day its over the deadline

 

[Mike Blair]

Thanks guys you guys are more help then anyone else I'll call them asap

 

[shanky887614]

Thanks guys you guys are more help then anyone else I'll call them asap

i would highly recommend you contact an accountant, they would be the best one to help you.

even if you only use one once or twice a year its worth it in the beginning