Hi,
I have taken early retirement / voluntary redundancy and my pension will be circa £800.00 per month.
I have also taken on a consultancy job, which will pay around £12,000.00.
What will the tax implications be? Will the 12k move me into a new tax bracket? If so, should I adjust my invoice to take this into account?
I have no company name so how do I invoice properly? Do I need to add VAT, even though I am not VAT registered. Do I need to register for VAT?
Do I need to start up a company to invoice correctly?
Many thanks for your help and advice
Mark
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