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Work on the side........what do I do next?

schmel22 · 2008-09-16 13:32:12

Hi, I have been asked to do some private work on the side (by a doctor,I carry out some of the testing he needs),but I have no idea how to charge the clients and the implications for my own tax. These clients will be paying by cheque as they will be billed after the test. Please help as I need to know is it worth my while…

16-09-2008 1:32pm

#1

schmel22

Registered Users, Registered Users 2 Posts: 133 ✭✭

Join Date: July 2008

Posts: 128

Hi,
I have been asked to do some private work on the side (by a doctor,I carry out some of the testing he needs),but I have no idea how to charge the clients and the implications for my own tax. These clients will be paying by cheque as they will be billed after the test.

Please help as I need to know is it worth my while as it will be a bit hit and miss if and when I will get any referrals.

Thanks

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Comments

#2 16-09-2008 1:39pm

Simplyjoe

Registered Users, Registered Users 2 Posts: 36 ✭

Join Date: February 2008

Posts: 34

As a rule of thumb as a self employed service provider and providing you have no significant overheads you should charge yourself to the doctor at an hourly rate of double what you would accept as an employee.

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