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COVID related Self-Employed question (trading or non-trading income).
Izzy_Skint_2
Posts: 45 Forumite
Hi There,
I work for a security company who supply me with jobs. I am classed as SE with them, and I am paid by them. I have declared my earnings as Self Employed over a number of years now. Are my earnings classed as 'trading' or 'non-trading' income?
I work for a security company who supply me with jobs. I am classed as SE with them, and I am paid by them. I have declared my earnings as Self Employed over a number of years now. Are my earnings classed as 'trading' or 'non-trading' income?
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Comments
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What self employed profits does your self assessment tax return for 2018/19 show?0
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Approximately £12,000.0
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It will be trading profit as shown on your tax return. Non trading income or profit is rental income or investment income."All shall be well, and all shall be well, and all manner of thing shall be well."
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Yes, this counts as self employed trading income.1
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