Nick Wakeham
Joined: 5/13/2024
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RE: Be both employed and self-employed at the same time
Hello I have a part time job that pays me £19k per annum but I am also self-employed. I decided to do my own tax return this year and have put everything in that is deductible for my self-employment. I made £7k on self-employment with about £4k on deductibles. I am told at the end of the process that I will owe £1,236 in tax. The tax on m £19k was £1219. I don't understand how I can be paying the same amount of tax £3k as I am doing on £19k. Am I missing something? Thanks