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Tax on second income

Hi there
I'm hoping a knowledgeable sort might be able to hel
I have a full time 9-5 job at 14,000 a year

I'm not taking a second job out however i plan to be earning an extra £100 a month from slice the pie (its a music review website)

Does anyone know if i have to pay tax on this ?
Obviously if its something i shopuld be declaring then i will need to go through the right process for it

Comments

  • spinks
    spinks Posts: 295 Forumite
    You just need to contact your tax office and let them know that you have this additional income.

    If necessary they will arrange for you to be sent a self assessment form which you complete with your earnings. You can complete these online and they calculate immediately if you owe any tax or not.

    HTH
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    I know nothing about slice the pie but
    On an income of 100 per month you will pay 22% tax and will be coded BR.
    You will count as self employed for this income and you need to inform the HMRC within 3 months of starting.
    Your normal 'day' job will be unaffected tax wise.
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