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Chris W. Rea
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Avoid Higher UK tax rate How do I avoid paying higher taxes on freelance work in the UK?

I have a day job that puts me in the 40% income tax bracket,. I am doing some freelance work on the side which should bring in an additional £20,000 a year and am looking for a way to avoid paying 40% income tax on the payment for that work.

A friend recommended that I set up a PCS but I have no idea of the benefits of that or how it would work to benefit me and allow me to pay less tax.

Avoid Higher UK tax rate on freelance work

I have a day job that puts me in the 40% income tax bracket, I am doing some freelance work on the side which should bring in an additional £20,000 a year and am looking for a way to avoid paying 40% income tax on the payment for that work.

A friend recommended that I set up a PCS but I have no idea of the benefits of that or how it would work to benefit me and allow me to pay less tax.

How do I avoid paying higher taxes on freelance work in the UK?

I have a day job that puts me in the 40% income tax bracket. I am doing some freelance work on the side which should bring in an additional £20,000 a year and am looking for a way to avoid paying 40% income tax on the payment for that work.

A friend recommended that I set up a PCS but I have no idea of the benefits of that or how it would work to benefit me and allow me to pay less tax.

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mat690
mat690
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Avoid Higher UK tax rate on freelance work

I have a day job that puts me in the 40% income tax bracket, I am doing some freelance work on the side which should bring in an additional £20,000 a year and am looking for a way to avoid paying 40% income tax on the payment for that work.

A friend recommended that I set up a PCS but I have no idea of the benefits of that or how it would work to benefit me and allow me to pay less tax.