So, you want to be self-employed but don’t know where to start? In principle, there are no restrictions for part-time self-employment. You can work doing whatever you want (as long as you fulfil the conditions of a possible professional code), and you can earn as much as you want.

How long can I work before registering as self-employed?

HMRC suggests that you should register with them as soon as you become self-employed. However, you do not have to register as a sole trader until the 5th of October in your business’ second tax year. A tax year runs from 6 April to 5 April the following year.

Should I file jointly if my husband is self employed?

If one spouse is an employee and the other spouse is self-employed, you always have the choice to file Married filing Jointly or Married filing Separately. In most cases, it is more advantageous for married couples to file jointly. This is the option which leads globally to less tax for the couple.

What should I know about part time self employment?

If the business area that your part-time self-employed work is in is the same as your main job, you must also make sure that there are no non-compete clauses and that you aren’t engaging in a conflict of interest. Here’s a breakdown of the ways your side gig could negatively affect your main job:

Can a person work part time if they are married?

If an individual is married, even though that person only works part-time, he/she may benefit from the part-time rate, as long as the husband or wife has a full-time employment or is a pensioner or is a student/apprentice. Must the part-time work necessarily be from employment?

Can a spouse work in a business as an employee?

If you have a spouse who wants to help out and you have enough money coming in from the business and other sources, it might be tempting to have the spouse work in the business but not as an employee.

Do you have to pay taxes on self employment?

Registering with them is easy and can be done online on their self-employment registration website. As with all forms of income, you will need to pay taxes on any money you make from your part-time self-employed job.