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Print on Demand income

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Chloe_G
Chloe_G Posts: 393 Forumite
Part of the Furniture 100 Posts Photogenic Name Dropper
I have to do SA for the first time (as interest on my savings is over £10,000).  I am employed full-time and I also get a very small amount of income from my designs on Print on Demand websites.  I haven't worked out the final totals yet but it's probably only about £100 per year.  These websites are USA based.  One pays me in pounds and the other three pay me in US dollars which I have to convert.

Do I need to declare this income on my SA and if so, where do I declare this?

Thank you.

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  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 6 June 2024 at 9:31AM
    although you are required to submit a tax return for other reasons, you do not have to declare that income as it is less than £1,000 total in any single tax year. Therefore it would be covered in full by the £1k trading allowance.
    Declaring it on a return would be form filling for the sake of it and is regarded as a waste of time for all concerned.

     I will take as read none of the 4 points which would require you to declare it apply to you:  
    Tax-free allowances on property and trading income - GOV.UK (www.gov.uk)

    obviously you are required nonetheless to retain records of your extra income 
  • Chloe_G
    Chloe_G Posts: 393 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    @Bookworm105 thank you 
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