I have a simple question here but it seems that I have to go through tonnes of legal material to get some sort of answer, only to find out that the legal documents are full of ambiguities.
I am a fully employed IT professional, paying taxes via PAYEE and it's always been like that as I'm permanently employed.
I'm thinking of freelancing on the side, basically working weekends etc to doing small jobs here and there and of course I do want to do that legally (i.e. pay taxes) but I am unsure how to go ahead.
Should I register as a company? I am not sure if the IR35 thingy affects me, I just want the least tax demanding method, hopefully without much hassle.
Any ideas? Anyone in a similar situation?
Looking forward to your response!!