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