Registering DCs as self employed

[Thingsthatgo]

My DCs have recently done a TV performance for which they have earned enough to declare their income to HMRC, (although not enough to have to pay tax so far this tax year).
I have been self employed previously (but I am now employed PAYE). Do I need to create a government gateway account for each child? Or can I do it through my account? Are there any guidelines? I couldn’t find much online.
thank you for your help

Where was it paid into? Their accounts - they need to declare it. Your account - I think you will need to either declare it as a self assessment in addition to your earnings (I wouldn't do this as you'll then be taxed on it) or transfer it to their accounts and then they declare.

Thank you. It goes into their savings accounts, in their names.

@Thingsthatgo I think how old your DC are is relevant. Personally I would set up their own gateway accounts and support them t9 do their tax returns. It’s good financial education.

Oh yes, sorry. They are 11 and 13 years old. I would be doing the returns on their behalf for now.

It's not. It's literally down to how much they've earnt. Obviously they might need help doing the return, but tax wise it's earnings based, not age.

You may need to send off a paper form because they won’t have an NI number.

I know tax is not age based, but I would take a different approach for a 5 year old vs a 13/14/15 year old. If the DC are in secondary education learning how to do a self assessment is good financial education.

In that case I would definitely involve them in doing the self assessment. Obviously you provide significant support.

Ah, I didn’t realise this. Thank you.

@Harassedevicteeyes, I will probably involve them, my dad taught me when I was first self employed at 15.
I just need to be sure that I’m doing it correctly before I teach them!

Definitely. There is a knack to self assessment. Since the first time I did it I created a spreadsheet which I update throughout the year. It has separate sections for each part of the self-assessment.