Question about self assessment return

[DiamondLils]

I've been s/e for years but this year I've added a 'side line' to what I do (it's a craft.) I've invested a lot in tools, a website and stock, but so far have sold very little. Question is, on the HMRC online form, it asks for the type of work. I have always entered my main work, (which has two strings to it, X and Y) so what happens now with the craft stuff? Is that another return? or do I just add what I've spent onto outgoing and sales onto income? Or not bother because sales add up to about £50 and outgoings around £1K.

I would just add the craft income to the same total for main job, tbh.
I think there is a separate place you can enter the craft income, but don't ask me where, I couldn't figure it out.

They will definitely want to know about that £1000 income. They insisted i had to declare £9 in foreign-bank-accout earned interest! And pay £3 tax on it (or something like that).

oops, cat distraction, I realise now you said outgoings of £1k.
The official rules are probably hideously complicated for declaring the £50 and offsetting the business expense of £1k. Might be less stress to pay tax on the £50 than to figure out the forms. You would need receipts for all £1k spent to declare £1k as business expense.

My toal income this year will not be above my personal allowance anyway.

I'm sure this has been asked before but while I'm here...is there any stage when you can ask NOT to have to submit a return if your income is low? (I think the answer is 'no')

Or will NI always need to be paid? Someone told me that once you get to 65, you don't pay NI anyway, and that's just a few years away for me now.

They told me no amount is too low, that's why I had to file a return for £9 of bank interest. I don't know about NI.

If you're over state retirement age, you don't pay Class 2 NI or Class 4 NI. That's not necessarily 65 though, the age will vary.

Yes even if you've earned way below the personal allowance you still need to put in a self-assessment.