S
Scribe
Guest
Hi guys,
I'm completely new to complex tax situations like the one I'm in now and would appreciate a bit of help.
I've recently become a director of my own limited company (100% shareholder). I pay myself by self-assessment as the corp. tax office hasn't given me my corporation tax number so I can't sign up for PAYE and they are always engaged so I can't ring them up.
More recently I work as a sessional lecturer for a local college half of the week and am paid by PAYE.
What is the best way to manage all of this? I'm on BR tax code which I read is OK for a second job but it means I'm paying a lot of tax upfront. What NIs should I be paying? I appear to be paying more student loan than I expected, I think it would be best if I did this all in self-assessment, can I simply ask them not to handle my loan via PAYE?
Many thanks for any help,
Ali
I'm completely new to complex tax situations like the one I'm in now and would appreciate a bit of help.
I've recently become a director of my own limited company (100% shareholder). I pay myself by self-assessment as the corp. tax office hasn't given me my corporation tax number so I can't sign up for PAYE and they are always engaged so I can't ring them up.
More recently I work as a sessional lecturer for a local college half of the week and am paid by PAYE.
What is the best way to manage all of this? I'm on BR tax code which I read is OK for a second job but it means I'm paying a lot of tax upfront. What NIs should I be paying? I appear to be paying more student loan than I expected, I think it would be best if I did this all in self-assessment, can I simply ask them not to handle my loan via PAYE?
Many thanks for any help,
Ali