{"id":1124,"date":"2020-10-13T12:42:45","date_gmt":"2020-10-13T10:42:45","guid":{"rendered":"http:\/\/interstellar.accountable.de\/?p=1124"},"modified":"2024-11-13T12:00:29","modified_gmt":"2024-11-13T11:00:29","slug":"side-hustle-full-time-job","status":"publish","type":"post","link":"https:\/\/interstellar.accountable.de\/en\/blog\/side-hustle-full-time-job\/","title":{"rendered":"Want to start a side hustle in addition to your full time job? Here\u2019s what you need to know."},"content":{"rendered":"\n

When it comes to freelancing in Germany, it doesn\u2019t have to be all or nothing. Many people with full time employment decide to pursue a second income, building up a side hustle or passion project on the side while continuing their primary occupation.<\/b><\/p>\n\n\n\n

While there are benefits to exploring self-employment as a part time pursuit alongside your full time job, there are some things that you need to consider. Even if you\u2019ve got a handle on the German language, it can be tough to find the information you need, so in this article, we explain how you can start freelancing on a part time basis, as well as what implications this can have on your taxes, and what role your health insurance plays in this.<\/span><\/p>\n\n\n\n

What are the advantages of part time self-employment?<\/span><\/h2>\n\n\n\n

Part time self-employment has a number of advantages: The regular income from your employment gives you the security to try out a new freelance venture or side hustle without taking on as much financial risk.<\/span><\/p>\n\n\n\n

It also affords you the opportunity to dip your toe into the water and see if you even enjoy self-employment, without going all in and finding out that it\u2019s not for you. Being self-employed requires a huge amount of discipline, and bookkeeping, time management, and the ability to self-motivate are some of the key skills needed. It\u2019s not just a matter of loving what you do, so it\u2019s a great idea to try it out before you go all in.<\/span><\/p>\n\n\n\n

How do I start my own part-time self-employment?<\/span><\/h2>\n\n\n\n

Whether or not you are already employed, in order to begin any kind of self-employment, you have to register your activity with the tax office. The distinction between part- and full-time self-employment is not relevant for this step, and is only important when it comes to your health insurance. Any kind of freelance or self-employed activity must be registered with the tax office.<\/span><\/p>\n\n\n\n

To register, <\/span>fill out the questionnaire<\/span><\/a> for tax registration or alternatively register a business. Which classification you have to choose <\/span>depends on the type of work or \u200b\u200bactivity you\u2019re undertaking<\/span><\/a>.<\/span><\/p>\n\n\n\n

You\u2019ll then be assigned a tax number by the tax office and you can get started: From now on you are self-employed.<\/span><\/p>\n\n\n\n

Do I have to inform my employer about my self-employment?<\/span><\/h2>\n\n\n\n

Technically, you are allowed to undertake freelance work in addition to your permanent job, and your employer can’t forbid you to do so. If, however, your performance at your full-time job suffers due to your self-employment activities, your employer can exercise a veto right.<\/span><\/p>\n\n\n\n

So, it\u2019s important to make sure that:<\/span><\/p>\n\n\n\n