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.
x
Turn on thread page Beta
-
mysticalfluffy
- Follow
- 5 followers
- 20 badges
- Send a private message to mysticalfluffy
- Thread Starter
Offline20ReputationRep:- Follow
- 1
- 07-11-2015 12:57
-
Tiger Rag
- Follow
- 138 followers
- 22 badges
- Send a private message to Tiger Rag
- Very Important Poster
Offline22ReputationRep:Very Important Poster- Follow
- 2
- 07-11-2015 13:00
Have you worked at all since April 2015? You shouldn't be. But your employment support allowance, if income based will be affected.
-
- Follow
- 3
- 07-11-2015 13:00
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.
-
Illusionary
- Follow
- 186 followers
- 17 badges
- Send a private message to Illusionary
Offline17ReputationRep:- Follow
- 4
- 07-11-2015 20:42
(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.
(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.
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.Last edited by Illusionary; 07-11-2015 at 20:47.
Reply
Submit reply
Turn on thread page Beta
Related discussions:
- What would be the ONE policy would you vote for?
- Tax - TSR guide and questions thread
- 16 year olds getting taxed?
- The Waitrose Thread II
- Sainsbury's thread Mk IV
- Does anyone here NOT want to be rich?
- Why are we taxed on our income and not on what we own?
- Should wealth be taxed more?
- Working at Primark - Q&A
- How do people pay for postgraduate study?
TSR Support Team
We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.
This forum is supported by:
Updated: November 7, 2015
Share this discussion:
Tweet