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Where Taxpayers and Advisers Meet

Employee and “Self employed”

Dazedandconfused
Posts:1
Joined:Tue Jan 05, 2021 5:56 pm
Employee and “Self employed”

Postby Dazedandconfused » Tue Jan 05, 2021 6:06 pm

Hi, first off thank you in advance for any advice.

I am currently in full time employment but am considering reducing my hours to half a week and work the other half with my dad who is a self employed. My issue holding me back is a lack of understanding regarding tax.

My dad does not want to employ anybody as he does not want to deal with providing a pension or manage payroll etc. Therefore I am looking at options to work with him but pay my own tax/NI. If I was to become a contractor and send him weekly/monthly invoices, would that be the best way to proceed? Would this be allowable if I am still employed half the week in my current job? He would be the only person I would be invoicing, would this be acceptable or would HMRC consider me an employee of his?

I’m not looking to pay minimal tax or find a loop hole or anything, just looking to split my career and pay the rightful tax/NI I owe. Any help or advice you can offer is greatly appreciated.

Thanks again

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