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Employed or self-employed? where do i pay more tax?


Under which condition will i pay more tax??

If my earnings are :-

1st job- 35 hours per week- 拢14000 per annum
2nd job- 30 hours per week- 拢11000 per annum
3rd job- self employed- 拢11000 per annum

OR

If my earnings are:


If my earnings are :-

1st job- 35 hours per week- 拢14000 per annum
2nd job- 30 hours per week- 拢11000 per annum
3rd job- 18 hours per week- 拢11000 per annum

How much tax am i paying on each situation?? what about tax paid due to being self employed?

Am i paying more tax being self employed or being employed??

Please help. Thanks.

You can usually claim more expenses being self-employed, but certain criteria have to be met, which decides your status. You cannot chose. I think Fengirl answered a similar question a few weeks ago on status, look in resolved questions.

if your employed it depends on hours worked, if your self employed it depends on your accountant

The self employed person can find ways around paying too much Tax and get perks so they do better.

The only problem is being self-employed mean you have the Tax man after you for the rest of your life and it is a lot of extra unpaid work and worry.

Stick to employment I would say even if you are slighty poorer. Most employed people do not know how lucky they are.

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