We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Is there a figure i can earn before declaring tax ??
g4fne
Posts: 232 Forumite
in Cutting tax
Hi folks ... i'm not if this is right section so feel free to move MODS if necessary.
I am a full time carer for my wife & get the relative benefits. My benefit office has said we (my wife & i) can earn £20 (between us) before it affects our benefits. A family friend has offered me couple hours a week cleaning or gardening for £20 in pay... I just have to invoice him so he can put through his own books ... My question is do i have to declare £20 as an income or is it below any kind of threshold ??
I am a full time carer for my wife & get the relative benefits. My benefit office has said we (my wife & i) can earn £20 (between us) before it affects our benefits. A family friend has offered me couple hours a week cleaning or gardening for £20 in pay... I just have to invoice him so he can put through his own books ... My question is do i have to declare £20 as an income or is it below any kind of threshold ??
0
Comments
-
You have a tax free allowance of £5225 in the current year, assuming you are under 65 and have no other taxable income. On £25 pw, you would not have to declare this income.£705,000 raised by client groups in the past 18 mths :beer:0
-
Many thanks fengirl :T0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards