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Tax/wages question

2 replies

Ihateboris · 21/02/2025 13:49

Hoping someone can help. My sister works full time on PAYE so has never had to complete a Tax Return
. However, this year she has received £750 by doing some self employed typing. Will she now have to complete a Tax Return? She doesn't receive any other income (including bank interest etc). She earns £26k per annum from her PAYE employment. Thanks in advance 🙏

OP posts:
RockaLock · 21/02/2025 13:56

There is an annual trading allowance of £1,000. As long as her self employed income is below £1,000 in any tax year then she doesn't need to declare it to HMRC or pay any tax on it.

Ihateboris · 21/02/2025 13:57

Oh that's brilliant. Thank you so much

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