Tax code for sole traders? Amounts under 10k

[nippleheaven]

Hey again.

Just want to check something.

My partner works in full time, on his own tax code 1000l. My income will most likely be solely on AW, maybe other similar sites in the future, but just that for now.

I'll be creating a seperate bank account for this, to keep things easy to seperate

Am I right in thinking, that if I go self employed for this, as a sole trade, I would also get the same 1000L tax code....or do we have to get a special different tax code?

So.....of the income I receive, I won't need to pay any tax on the first 10,000 of profits, just the tax on the amount above that? And of course NI Contributions for Class 2 and the Class 4 amounts of 9% over the £7,956?

Or am I getting the wrong end of the stick, and the entire amount will be subject to paying the full tax due to some different rules for self employed?

Thanks
xx