We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Mystery shopping tax return
Flower_Power_mark_2
Posts: 164 Forumite
Hi, I was unsure where to post this so please accept my apologies if it is in the wrong place. BAsically I have just completed my first tax return as a mystery shopper and when I completed it it told me that I did not owe any tax! I'm thinking this can't be right but was hoping somebody here could let me know the score. I earned about £170 from mystery shopping and minus expenses this worked at £88 for the year. Is it correct that I have no tax to pay? If it helps they took a figure of around £6000 off my total and called it Personal allowance.
Thanks in advance
Thanks in advance
0
Comments
-
Have you earned anything else during the tax year? You are allowed to earn up to your personal allowance before any tax gets deducted.0
-
do you have any other income? a wage from an employer or any other paid income? if not then that is correct - you do not owe any tax . If your personal allowance is used up somewhere else (ie from a 'main job') then you should put this income on your tax return (information from your P60 from April 2009)
Hope this helpsClimbing back on the OS wagon after a short vacation to Recklessness
Quit Smoking 08/06/090 -
Flower_Power_mark_2 wrote: »Hi, I was unsure where to post this so please accept my apologies if it is in the wrong place. BAsically I have just completed my first tax return as a mystery shopper and when I completed it it told me that I did not owe any tax! I'm thinking this can't be right but was hoping somebody here could let me know the score. I earned about £170 from mystery shopping and minus expenses this worked at £88 for the year. Is it correct that I have no tax to pay? If it helps they took a figure of around £6000 off my total and called it Personal allowance.
Thanks in advance
First page of the (12th) Mystery Shopping thread :doh:may help0 -
Cheers for the replies.
I have a full time job that earns over this so looks like I have gone wrong somewhere. I will log back in and re do my form.0 -
Sorry for the late reply, but when filling out your tax return i think you should have a set of pages for your self employed income, and another set of pages to fill out about your full time job. It's been a while since I was self employed, but I'm pretty sure thats what I had to do back then
0 -
I think I've done something wrong too, I didn't start MSing until August 2009, but got a request to fill out a tax return for the previous tax year anyway. So I did, and put in the info from my P60 from my main job, and it's saying I owe them £54 even though I made no additional money that year! Is it possible my employer has made a miscalculation and I do owe the taxman more money or have I done something wrong? My head hurts :-(0
-
You have to do a page for every paye job you have which will include details and amounts from P60 or P45. You then have the self employed income which can be many companies, which is all together on one page.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards