From: "Tim" 
Newsgroups: uk.finance
Subject: Re: New IR powers to force PAYE employees wth other income to pay tax earlier
Date: Fri, 27 Feb 2004 14:01:22 +0000 (UTC)

> "Daytona" wrote
> > "Millions to be hit by another pay-packet tax"
> >
> > THE Inland Revenue has given itself new powers to charge an effective 50
> per
> > cent rate for those with extra income from buy-to-let, other investments
> or
> > freelance work...
>

"Tim" wrote
> So ... do the IR expect all people with irregular earnings to notify them
> *whenever* they receive *any* income? [Monthly? .. Weekly? .. Daily??!]
> Otherwise, how would they know what level to set their PAYE code at?

Also :-

What about allowable expenses??
[Where you might have eg one *huge* expense mid-year, and only small expense
amounts at other times.  This one big expense may exceed one month's
(/week's) income!]