Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 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!
Only received expenses - declare to HMRC?
Cat2011
Posts: 481
Forumite
in Cutting tax
I fill in a self-assessment tax return.
I did a month's work as a favour to a non-UK organisation. They paid my expenses in dollars (equivalent to ~£4,000), but didn't pay me a salary. Do I need to record this on the SA? If so, how?
I did a month's work as a favour to a non-UK organisation. They paid my expenses in dollars (equivalent to ~£4,000), but didn't pay me a salary. Do I need to record this on the SA? If so, how?
0
Comments
-
I would treat it as a one off piece of additional income and include the amount in box 17 of the main return. If you incurred any allowable expenses you should include this amount in box 18.
If in effect you've only been paid to cover your expenses and all of those expenses are tax deductible then the two should cancel each other out and no tax should be due, but it depends what expenses the payment covered.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards
