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    Hey,

    I recently started a part time job at a game development company (they're a real company based in Spain) and am starting to get paid. Starting from next month I'll be making £1,100 per month (£13,200 per year) and this is over my personal allowance. The company pays me through PayPal and I am an independent contractor if that makes any difference. What forms would I need to fill out to avoid any tax problems and how much of my money will be taxed?

    Thanks
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    (Original post by iBearHQ)
    Hey,

    I recently started a part time job at a game development company (they're a real company based in Spain) and am starting to get paid. Starting from next month I'll be making £1,100 per month (£13,200 per year) and this is over my personal allowance. The company pays me through PayPal and I am an independent contractor if that makes any difference. What forms would I need to fill out to avoid any tax problems and how much of my money will be taxed?

    Thanks
    (Original post by 999tigger)
    20% on the bit above £9440.

    Self assessment.

    http://www.johnmtaylor.co.uk/resourc...self-employed/
    That's from the wrong tax year. It would be 20% of everything over £11500 (so 20% of £1700) over the whole year, plus there's also National Insurance that you need to pay.

    Try using a salary calculator to work it out
    http://www.thesalarycalculator.co.uk/
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    (Original post by kristianabanana)
    That's from the wrong tax year. It would be 20% of everything over £11500 (so 20% of £1700) over the whole year, plus there's also National Insurance that you need to pay.

    Try using a salary calculator to work it out
    http://www.thesalarycalculator.co.uk/
    Correct sorry not paying attention.

    http://www.employedandselfemployed.c...tax-calculator
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    You need to register for self assessment and get a UTR number.

    Then, when you fill in the self assessment form each year it will ask for your details and calculate the amount of tax you owe.
 
 
 
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