Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • MarissaDM
    • By MarissaDM 9th Mar 18, 2:47 PM
    • 1Posts
    • 0Thanks
    MarissaDM
    One off freelance work, tax question
    • #1
    • 9th Mar 18, 2:47 PM
    One off freelance work, tax question 9th Mar 18 at 2:47 PM
    I've freelanced this week as an event manager. The company I worked for have paid 850 in total. Separately, I earn 28,000 per annum through my full time employers. Do I need to declare the 850 as I have earned no extra income through work outside of my full time job?
Page 1
    • TheCyclingProgrammer
    • By TheCyclingProgrammer 9th Mar 18, 6:14 PM
    • 3,165 Posts
    • 1,846 Thanks
    TheCyclingProgrammer
    • #2
    • 9th Mar 18, 6:14 PM
    • #2
    • 9th Mar 18, 6:14 PM
    It should be covered by the new 1000 trading allowance.
    • polymaff
    • By polymaff 10th Mar 18, 7:27 PM
    • 2,082 Posts
    • 907 Thanks
    polymaff
    • #3
    • 10th Mar 18, 7:27 PM
    • #3
    • 10th Mar 18, 7:27 PM
    ... providing that you've no connection with the events company. This new-this-tax-year allowance has some significant anti-exploitation conditions. There will be some who will fall foul of these - by accident or intent - so have a look at

    https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,645Posts Today

8,300Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin