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free lance, please help me!!!!
i start working as a freelance photographer & retoucher. the company told me that i have to pay my own tax. but i don't know how it works. Is there any minimum income for tax? again i work in another place as a part time. so what will i do? please someone help me.
thanks.
thanks.
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Wilks_eye
Messages count : 11Likes count : 0Registration : 1 October 2007If yore a freelancer, isnt it expected you pay your own taxes? Anyway, the best move is to seek legal advice from an accountant for his matter. - Contact in PM
glebe digital
Messages count : 105Likes count : 2Registration : 21 December 2006Minimum income is about £4,500 and anything above that you'll need to pay income tax.....things may be slightly different after the recent budget, I don't know.
Add up your full income from both jobs and see where you stand. 🙂
The Self assesement forms from the Inland Revenue are easy to understand, not to be afraid off........and of course the worst thing you can do is 'do nothing'...........CGI Specialist - Contact in PM
Cheryl Crichton
Messages count : 1Likes count : 0Registration : 25 October 2007HM Revenue and Customs can help
Yes it is true,
they offer free courses (totally confidential) in ta afairs for self employed. Suggest you phone your local office and make an equirey - no come cakck They just want to help you get what you deserve and only take what they are due in Tax and NI (National Insurance).