Mystery Shopping Tax help

Catty212

Hello folks.

I'm after some help please. I've worked for one company since last July and my tax return is due. I have no idea what I'm doing. It's the first time I will have done one.

Can someone advise what forms I need to fill in, and what I need to work out - in idiots terms please

I earn about £21,500 in my full time day job and I've earned £1642.75 (minus expenses and mileage) from the MS company.

Thank you in advance anyone who has a minute to point me in the right direction

ex-dmp

Assuming you are employed for your full time job, your employer should take care of your tax via PAYE assuming your tax code is correct, just need to give very basic detail on a return.

As regards to additional income on a self employed basis, you will need to declare this, normally by a tax return. You need to keep a record of income and expenditure.

A call to to the HMRC helpline 0845 300 062, 8.00 am to 8.00 pm, Monday to Friday, 8.00 am to 4.00 pm Saturday, should get you sorted

OldGreyFox

There is Seperate Tax Forum where the Tax Peeps hang out.;)

Catty212

ex-dmp wrote: »

Assuming you are employed for your full time job, your employer should take care of your tax via PAYE assuming your tax code is correct, just need to give very basic detail on a return.

As regards to additional income on a self employed basis, you will need to declare this, normally by a tax return. You need to keep a record of income and expenditure.

A call to to the HMRC helpline 0845 300 062, 8.00 am to 8.00 pm, Monday to Friday, 8.00 am to 4.00 pm Saturday, should get you sorted

Yes I know this. Hence asking for someone who does mystery shopping - what forms I need!

Catty212

OldGreyFox wrote: »

There is Seperate Tax Forum where the Tax Peeps hang out.;)

Thanks OldGreyFox - I tried a while ago and couldn't get an answer. I just thought someone on MS who does it already may be able to help.

tbw

You should have notified the Tax Office when you first started MS work - I think you have 3 months to tell them and then they can fine you £100 !:eek: You may need to pile on the agony a bit ie make a few excuses as to why you didn't tell them.

You can download any necessary forms for your return from the tax website : http://www.hmrc.gov.uk/index.htm

Its easier to register for an online Self Employed assessment - that way you don't have loads of pages that don't apply to you. Unfortunately, once you register as Self Employed you will have to do an annual return which wants all the ins and outs of a ducks bottom ie shares, building society interest, other income etc etc. The MS bit is straightforward though.

ex-dmp

Catty212 wrote: »

Yes I know this. Hence asking for someone who does mystery shopping - what forms I need!

So the helpline didn't advise what you need?

EGR

I would personally recommend going on the HMRC website, or giving them a call.