Tax

[Jayro152]

Hi All

I was just wondering if everyone declares the earnings from surveys and tasking app etc? I wasn't expecting to earn as much as I am from them at the moment and so hadn't considered it being an issue.

If you do is it hard to work out? I've only ever been PAYE so never had to work out tax codes etc.

Also has anyone ever forgotten to do this and been caught out?

 

[Jon]

Hi All

I was just wondering if everyone declares the earnings from surveys and tasking app etc? I wasn't expecting to earn as much as I am from them at the moment and so hadn't considered it being an issue.

If you do is it hard to work out? I've only ever been PAYE so never had to work out tax codes etc.

Also has anyone ever forgotten to do this and been caught out?

I work full time and also do self employed work so am in the same position as you

Yes you need to declare your earnings so take a look at https://blog.themoneyshed.co.uk/self-employed-toolkit/

It’s honestly not as complex as you think.

Just keep a running total of what you earn and then submit it each year. You can choose to pay back any tax owes via your PAYE pay (that’s what I do!) so whatever you owe will be spread out over 12 months

 

[Jayro152]

I work full time and also do self employed work so am in the same position as you

Yes you need to declare your earnings so take a look at https://blog.themoneyshed.co.uk/self-employed-toolkit/

It’s honestly not as complex as you think.

Just keep a running total of what you earn and then submit it each year. You can choose to pay back any tax owes via your PAYE pay (that’s what I do!) so whatever you owe will be spread out over 12 months

OK great thanks @Jon I'll have a read of that now.