UK Registering as Sole Trader While Employed UK

Joined
Mar 22, 2021
Messages
2
Reaction score
0
Country
United Kingdom
Hi,

I'm a part time employee with a company, while also selling on Amazon in my spare time. I'm now over the £1000 allowance and have to register for self-assessment to become a sole trader. However I am unsure how this works, do I select as being "self-employed" or "not self-employed" due to me also having a part time job?
 

Truemanbrown

VIP Member
Joined
Sep 1, 2011
Messages
127
Reaction score
6
You are both employed and self employed.

You need to inform HMRC that you are self employed by filing with them the Form CWF1.

You should also be aware that may pay too much in national insurance. I have attached a useful blog for your assistance on how to deal with this.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

Forum statistics

Threads
11,778
Messages
27,846
Members
21,825
Latest member
Confused100

Latest Threads

Top