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Posted Thu, 31 Oct 2024 12:41:15 GMT by TVBabe
Hello, I work in TV on a Freelance PAYE basis. I am potentially being offered a 2 week job but the company want me to invoice. This would mean I need to pay my own tax and national insurance for this 2 week job. What's the best way of doing this? I intend to go back to PAYE work after this job has finished. Is there a lot of admin involved? I need to buy some equipment for the 2 week job such as a laptop and maybe a TV. Can I offset this stuff against my earnings and also claim back VAT? Also, when I am between jobs, I am sometimes able to claim Universal Credit. How will that be affected? It's very confusing having not worked in this way before.
Posted Fri, 01 Nov 2024 12:16:24 GMT by TVBabe
Also, the company have said it can take up to 60 days for invoices to be paid. So if I invoice in November, I might not get paid until January. Do I need to inform the people at Universal Credit of will they make deductions automatically? If I need to tell them, do I tell them when I'm doing the work (potentially November) or when I get paid for the work (potentially January)?
Posted Wed, 06 Nov 2024 10:40:19 GMT by HMRC Admin 34 Response
Hi,
Please refer to the links below for guidance: 
Become a sole trader
Expenses if you're self-employed
You will need to inform universal credit of any freelance income you recieve.
Thank you
Posted Wed, 06 Nov 2024 11:24:15 GMT by TVBabe
Hi, Thanks for the reply but the links you shared do not answer my questions. My situation is quite unique so I'm asking for answers to specific questions to make sure I comply with HMRC rules properly. Could you provide direct answers to the following questions: 1) I generally work on a PAYE freelance basis. I'm currently not working and claiming Universal Credit. I have potentially been offered 2 weeks on self employed work. After which I will return to Universal Credit until my next PAYE freelance job comes up. What's the best/easiest way for me to pay tax etc on the 2 week earnings? 2) How will whatever you suggest (in terms of the 2 weeks self employed work) affect my ability to claim Universal Credit in the future? 3) Can I claim for a laptop and TV (items I need for the 2 week job) as expenses? (I already have a laptop and TV for my own personal use. The laptop and TV will be expensively used for work purposes on the 2 week job) 4) When do I inform Universal Credit about the work? When I am working or when I get paid?
Posted Mon, 11 Nov 2024 15:47:22 GMT by HMRC Admin 17 Response

Hi ,
 
This forum is for general queries only and is intended to help you self-serve.

We are unable to provide specific advice tailored to individual circumstances.

Thank you .

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