Is this possible?

[tommy.dale]

Afternoon people,

to keep it short and sweet, I've been offered some work via a letting agent and I presume I have to be cis/self employed for payment, the problem is I'm paye and my firm won't allow me to work on weekends privately as its stipulated in my contract,
my question is can I register as cis just for my privates and stay paye for my Normal 9-5 or will it show up on my payroll and will my company find out?

Im clueless with anything to do with tax!

Tommy

 

[telectrix]

work for letting agents is not classed as construction industry and so you don't need to be cis. just keep a record of income and expenses for the taxman. invoice the letting agent for each job. don't let your boss find out.

 

[tommy.dale]

Thanks tel, so are you saying my firm who do my payroll won't know something is funny when they see I've payed more tax than usual?

 

[telectrix]

tell 'em you're selling stuff on ebay.

 

[tommy.dale]

Top man!

 

[VoltzElectrical]

Will payroll find out? I don't know how they would.

 

[KAS1]

You might have unearned income that they don't know about that should be taxed when it is over your tax allowance threshold

 

[markc123]

Unless someone from your work sees you. Personally wouldny risk it...like said they probably wont find out but if they do youl of lost everything.

 

[Guitarist]

The biggest problem with carrying out work outside of your main job is that you may end up in breach of the working time directive. Most firms will allow you to carry out "work on the side", provided you sign a form to "opt out". You will obviously need to fill in a tax return each year if you go down this route to declare all your income, and to be honest I wouldn't try to keep it from my firm if it could result in disciplinary action.
I know that this isn't what you want to hear, but be careful if your job is important to you.

 

[valleybilly]

Are u registered , have you got your own public liability etc ? don't forget its letting work your being asked to do if owt goes wrong matey , lots more things come into play here not just your employers limited duties but yours as a stand alone contractor well .

 

[tommy.dale]

Are u registered , have you got your own public liability etc ? don't forget its letting work your being asked to do if owt goes wrong matey , lots more things come into play here not just your employers limited duties but yours as a stand alone contractor well .

Lol yes mate got all the insurance from when I was self employed a few years back i didnt see the point to cancel for the sake of £100 a year and will register with another scam once I get everything sorted, the only thing I was concerned with was the whole tax situation, I know they can be a nightmare at times but a lot of very local work

 

[Knobhead]

Read you’re T&C’s.
Going back a few years I worked for a major multi national that stipulated I couldn’t work in a similar business. I ran two companies in my spare time and even worked for some of the company’s higher management. Payroll never batted an eyelid when my tax rate jumped two bands in a year.
Just be sensible, the company comes first. NOT you’re sideline.

 

[tommy.dale]

Read you’re T&C’s.
Going back a few years I worked for a major multi national that stipulated I couldn’t work in a similar business. I ran two companies in my spare time and even worked for some of the company’s higher management. Payroll never batted an eyelid when my tax rate jumped two bands in a year.
Just be sensible, the company comes first. NOT you’re sideline.

My company employs about 12000 people worldwide so I'm hoping no one notices but ill have to dig it out tomorrow but like you said for the sake of a bit of extra beer money I don't want to loose my bread and butter the mrs will have to make do lol!

 

[ian.settle1]

Will payroll find out? I don't know how they would.

When his tax code is sent to his main employer

 

[snowhead]

To the O.P is the reason you can't work privately at the weekend because your employer may need you to work weekends?