Is it worth going Self employed AND employed ?

I currently work 3 days a week employed. I do not make enough money for me to live off. I was thinking of doing some locum work the other 2 days which would be self employed/ 0 hours contract. My partner said it’s completely pointless as it would all go on tax. Does anyone else do this or has done this? Is this true? Is it a total faff? Even £50 a month more is better for me🙈

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It wouldn’t all go on tax, that’s ridiculous, your PAYE income would probably just be taxed at basic rate.

I’ve worked both as employed and self employed. It’s never all gone on tax. You would still make enough if you’re doing regular locum work in addition to your paid employment. It adjusts through HMRC so if you pay more in your paid employment it will work out what you need to pay in your Self employment. You just have to remember to do your own tax returns for the self employed work but HMRC send plenty of reminders.

It won’t all go on tax. You’ll just need to do self employed tax return and you can declare on there your employment income. HMRC always figures it out in the end so you might get overcharged at one point but then you’ll get it back. The annoying thing about self employment is they expect you to pay ahead for next year too, so just make sure you save a lot to pay your tax bill at the end of the year. Unlike employment income everything you get into your account isn’t yours.

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