- Original Poster
- #1
Ok so, I'll try not to complicate this.
I resigned from my full-time job in November 2021, which means I had obviously been paying tax through PAYE.
I started to freelance on the side a few months before November 2021. Between then and February of 2022 I had earned just over £7000
I don't have access to my P45 right now, but let's say I've had 9k of my tax-free allowance from my full-time job between April and November 2021, do I then take the rest from the 7k self-employment and pay tax on the rest?
Also, I'm technically unemployed since February and actively looking for work. So there's that, too. Not for a second did "signing on" come into my head and I've been just flattening my savings since. Does this pose any problem?
It shouldn't be too much longer until I'm either back in a full-time job or I get a new freelance contract.
I resigned from my full-time job in November 2021, which means I had obviously been paying tax through PAYE.
I started to freelance on the side a few months before November 2021. Between then and February of 2022 I had earned just over £7000
I don't have access to my P45 right now, but let's say I've had 9k of my tax-free allowance from my full-time job between April and November 2021, do I then take the rest from the 7k self-employment and pay tax on the rest?
Also, I'm technically unemployed since February and actively looking for work. So there's that, too. Not for a second did "signing on" come into my head and I've been just flattening my savings since. Does this pose any problem?
It shouldn't be too much longer until I'm either back in a full-time job or I get a new freelance contract.
