- Joined
- Feb 14, 2020
- Messages
- 1,684
- Points
- 263
- Age
- 32
Hi, sorry if these questions are silly but I’ve never been self employed so I don’t know how it all works.
I’ve been making money online and with apps since February and I was also off sick from work until April 2nd (yesterday). I’ve left that job as of yesterday but I’ve also signed up to an agency and started some temporary work for them today which at the moment is only for four weeks roughly, but I might get future work with them too.
I haven’t yet registered as self employed. I didn’t know I was going to make so much. I made £1000+ in March alone. I’ve applied for a Lionbridge job yesterday and it said I needed to be registered as self employed and pay my own tax and that they might check in the future.
I’ve had a look at Gov.uk and I think I’ve found where I need to register and what I need to do. But I’ve saw as well that I think I should then be doing traditional accounting? Does that mean I just need to do like a spreadsheet with the totals from all of the places I’ve made money from per month? And it says to record personal income as well? I’m a bit confused about the difference between the two? Would it be business income is everything I make online and personal income is the job I have with the agency for example?
I remember reading on here too that you can claim money back for for example a laptop? So if I register as self employed tomorrow and buy a laptop next week, when can I claim anything back and how much would I get?
Thanks in advance for any comments Still trying to get my head around this.
I’ve been making money online and with apps since February and I was also off sick from work until April 2nd (yesterday). I’ve left that job as of yesterday but I’ve also signed up to an agency and started some temporary work for them today which at the moment is only for four weeks roughly, but I might get future work with them too.
I haven’t yet registered as self employed. I didn’t know I was going to make so much. I made £1000+ in March alone. I’ve applied for a Lionbridge job yesterday and it said I needed to be registered as self employed and pay my own tax and that they might check in the future.
I’ve had a look at Gov.uk and I think I’ve found where I need to register and what I need to do. But I’ve saw as well that I think I should then be doing traditional accounting? Does that mean I just need to do like a spreadsheet with the totals from all of the places I’ve made money from per month? And it says to record personal income as well? I’m a bit confused about the difference between the two? Would it be business income is everything I make online and personal income is the job I have with the agency for example?
I remember reading on here too that you can claim money back for for example a laptop? So if I register as self employed tomorrow and buy a laptop next week, when can I claim anything back and how much would I get?
Thanks in advance for any comments Still trying to get my head around this.