NI Stamp Payments - Sole Trader/PAYE

[Coinery 1,005]

Does anyone happen to know re the following quote re ‘self-employed’ whether that would apply to someone who is PAYE too?

Namely, I make less than £6k profit from coin sales, but work PAYE, and wonder if I went Sole Trader whether I could avoid the £15 per month stamp contributions?

“As a sole trader you will pay National Insurance if you’re:

- 16 or over

- Self-employed and making a profit of £6,725 or more a year (for 2022/23).”