I am a partner in a business, but as a separate thing I'm a freelancer. For this tax year I've earned less than £1000 at the freelance work. Do I need to declare that on my tax return? I know the first £1000 can come under the trader allowance but does that apply even if I have a partnership income over that?
AIBU to not declare the freelance income? That's what I think the form is telling me to do.
Disclaimer, it's not much money and won't make much difference, if I don't need to declare it then my tax return is a lot simpler and I like simple!