Help - full time job plus freelance
Autor da sequência: Sara Canullo
Sara Canullo
Sara Canullo
Reino Unido
Inglês para Italiano
+ ...
Nov 8, 2013

Hello all,

I used to be a full time freelance translator in Italy a few years ago. I now live in the Uk again and started doing some bits and pieces of freelance on top of my full time job. Does anyone know how taxes work if I am freelancing on top of working full time. I understand that I will have to do a self - assessment in January?

Thank you for your help

Sara


 
Stefania Greci
Stefania Greci  Identity Verified
Reino Unido
Local time: 07:51
Inglês para Italiano
+ ...
HMRC Website Nov 8, 2013

Hi Sara,
fortunately the system in the UK is much easier than the one in Italy.

I was in a similar situation some time ago and I had a part-time job and a freelance income.

At the end of the financial year you will sum up your income and only pay taxes if you go above a certain threshold, not sure how much it's this year.

You will find a lot of useful information on the Inland Revenue website (self-em
... See more
Hi Sara,
fortunately the system in the UK is much easier than the one in Italy.

I was in a similar situation some time ago and I had a part-time job and a freelance income.

At the end of the financial year you will sum up your income and only pay taxes if you go above a certain threshold, not sure how much it's this year.

You will find a lot of useful information on the Inland Revenue website (self-employed section).

http://www.hmrc.gov.uk/selfemployed/

HMRC also run workshops for people who are just starting as self-employed.


Stefania
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Tom in London
Tom in London
Reino Unido
Local time: 07:51
Membro (2008)
Italiano para Inglês
Yes Nov 8, 2013

scanullo wrote:

Hello all,

I used to be a full time freelance translator in Italy a few years ago. I now live in the Uk again and started doing some bits and pieces of freelance on top of my full time job. Does anyone know how taxes work if I am freelancing on top of working full time. I understand that I will have to do a self - assessment in January?

Thank you for your help

Sara


Yes, you need to register with HMRC as self-employed. They will then send you a Tax Return form each year. This will include separate pages where you record your income as an Employee and your self-employed income.

The form itself isn't very complicated but you also need to keep careful records of your income and expenses. For at least the first year I would strongly suggest you seek the advice of an accountant.

We are not allowed to recommend particular accountants in these forums.


 
Sara Canullo
Sara Canullo
Reino Unido
Inglês para Italiano
+ ...
Autor do assunto
Thank you Nov 8, 2013

Thank you both for your advice - much appreciated as i wasn't sure where to start!

I will both look at the HMRC website guidance and look into seeking help from an accountant.


 


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Help - full time job plus freelance






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