Morning all
On top of my usual salary (over 40% tax threshold) I am set to earn about £500 this tax year (to April 2022) through private work. Do I need to register as self employed for this tax year? I won't be claiming any expenses etc
I have been registered before (2018) and had to fill out self assessment once. I will earn much more than £500 next tax year 22/23 so intend to do a self assessment then. I understand that if it's under 1k in a given tax year it doesn't need to be declared? Any advice appreciated :)