Tue 29th May 2012, 21:47
Hi guys I'm new and I need urgent help!
Hi i need some help, I am currently employed by an air conditioning company but want to do work for myself in the evenings and weekends. I have a nursery very interested in me to install air conditioning (approx 12k job about 4k profit).
What I want to know is how can I legally do this? Would my company have to know or be able to find out? do I have to register as a sole trader? Can I register and still be employed? How would tax work as I currently earn 35k so would anything i make be taxed 40% or would it be lower as this is separate to my employment?
I am very new to this and will appreciate any help that can be offered.