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Where Taxpayers and Advisers Meet

Self employment tax

Schtynx
Posts: 1
Joined: Tue Jan 15, 2019 3:26 pm

Self employment tax

Postby Schtynx » Tue Jan 15, 2019 3:37 pm

Do I have to register with HMRC as a sole trader (when do I have to do that) if I worked only for couple of days and I made less than £1000.
I understand that as a self employed I pay taxes once a year is it ok to register as a sole trader just before Self-assesment or will I be fined for not doing it straight away?

pawncob
Posts: 4296
Joined: Wed Aug 06, 2008 4:06 pm
Location: West Sussex

Re: Self employment tax

Postby pawncob » Wed Jan 16, 2019 4:55 pm

https://www.gov.uk/working-for-yourself
With a pinch of salt take what I say, but don't exceed your RDA


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