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Would I be taxed for this one off job? watch

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    If I am on a generally very low income (£40-50 a week) and receive employment support for a disability, but how would I be taxed for a freelance writing job where I get paid £700 in one lump sum? I have no record of how many hours I worked... But I guess it was less than 10 hours.
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    Have you worked at all since April 2015? You shouldn't be. But your employment support allowance, if income based will be affected.
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    You will likely have to pay NI as I believe that is done at 10% for anyone who has earned more than about £150 a week. You may have to pay income tax for that month, but you will get that back as a rebate if you do pay, because you will not be above tax allowance for the year.
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    (Original post by MattyJMP)
    You will likely have to pay NI as I believe that is done at 10% for anyone who has earned more than about £150 a week. You may have to pay income tax for that month, but you will get that back as a rebate if you do pay, because you will not be above tax allowance for the year.
    Typically, I wouldn't expect freelancer to be taxed under PAYE, so the potential for the income to be taxed but for there to be a later refund wouldn't apply. National Insurance Contributions also work differently for self-employment income

    (Original post by lizfairy)
    If I am on a generally very low income (£40-50 a week) and receive employment support for a disability, but how would I be taxed for a freelance writing job where I get paid £700 in one lump sum? I have no record of how many hours I worked... But I guess it was less than 10 hours.
    For self-employed income, which you've described this as, any relevant income tax would be determined by submission of a tax return following the end of the tax year (you have until 31 January following the end of the tax year, on 5 April, to do this). If your total income for the tax year, including any other taxable income, is covered by your personal allowance (£10,600 for the current year), then I wouldn't expect you to have any income tax liability on this income. This should be the case if, as you say, your other income is only £40-£50 per week throughout the year.

    This aside, I'd recommend contacting HMRC to let them know, as if you have self-employment income then you may be required to register as such with them.

    If, however, you're actually a short-term employee taxed under PAYE, please reply to clarify as the implications are significantly different.
 
 
 
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