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Do i declare at the same time?
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nsabournemouth
Posts: 2,042 Forumite
in Cutting tax
Hi all,
Self employed and have students.
Does the 'income' from the school go towards my earnings limit as self employed or can i get so much from it without having to declare?
Self employed and have students.
Does the 'income' from the school go towards my earnings limit as self employed or can i get so much from it without having to declare?
0
Comments
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All taxable income from all sources must be declared on a Tax Return.
You only have one personal allowance which is set against your total income.I am an Accountant. You should note that this site doesn't check my status as an Accountant.All posts on here are for information and discussion purposes only and should not be seen as professional advice.0 -
Are you thinking of the rent a room scheme?
http://direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/DG_40178040
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