KKMRSPNC
Joined: 7/21/2024
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Employed and Self Emplyed - Tax Implications
I am currently employed but about to start offering services as self employed person. Does the £1000 income threshold for the income generated via the services still hold from a tax point of view? and would I pay the tax rate at my current tax rate? and how/what if any costs can I offset against the income from a tax point of view? for example I will need to invest in continued professional development and equipment