Adultwork web cam tax question

EquusSomnium

I've done a lot of research into this and as a way of earning some extra cash I'd like to work as a camgirl on adultwork.com.

I plan on doing cam work only and would like to boost my income a little.

I would like to know how I go about HMRC and declaring my earnings. I have no idea how to do it!

I'll have a full time job when I start doing this (hopefully in a few months time), so the camming will be extra. Do I wait until the end of the tax year and do the self-assessment thing? Do I contact HMRC as soon as I start camming? How do I do it?

I'd like to earn between £100 and £500 per month, just to help a bit. So nothing extreme.

Can anyone offer advice?

System

You should contact HMRC to declare yourself as self-employed as soon as you start working. You will then need to declare any earnings and pay the relevant tax and national insurance.

The self-assessment helpline is surprisingly helpful as I had to ask them a number of questions recently.

EquusSomnium

Thank you. So on the HMRC website I just follow the links for self-employed and take it from there?

When I get a job, will my employer be able to find out about it? Do I need to tell them?

Cybi-Ping

EquusSomnium wrote: »

Thank you. So on the HMRC website I just follow the links for self-employed and take it from there?

When I get a job, will my employer be able to find out about it? Do I need to tell them?

You can list your self-employment as entertainer/actress or something similar on your tax return and no HRMC should have no reason to tell future employers.

NSG666

EquusSomnium wrote: »

Thank you. So on the HMRC website I just follow the links for self-employed and take it from there?

When I get a job, will my employer be able to find out about it? Do I need to tell them?

Your employer probably won't find out unless they happen to log on to the website and see you.

Often companies have a conflict of interest clause in their T&C's which prevents employees working for competitors or doing something that brings them into disrepute e.g. I cannot see an employer of a school teacher would allow it!

EquusSomnium

Thank you so much!