Does anyone know if i have to pay tax/NI on £72pw????

[SleeplessInTheStaceym11House]

Right iv started delivering charity bags for the charity Sense, i get paid £72 a week, but im registered as self-employed, do i have to pay tax/NI and if so how do i do it?????

anyone?

There is a small earnings exception to NI which is lower than the income tax threshold. This year is is £4,635. The Income Tax/NI manual says:
NIM21001 - Class 2 Liability: Small Earnings Exception: General
Regulation 46(a), SS(C)R 2001
A person whose net earnings from self-employment are, or are treated as being, less than the Small Earnings Exception (SEE) limit fixed for the relevant tax year may claim exception from liability to pay Class 2 contributions. Earnings from employed earner?s employment are not taken into account for the purposes of establishing entitlement to SEE. SEE limits are reviewed annually.

You have to contact your tax office in advance and fill in the form that they send you. Unfortunately, it will probably mean that you will receive tax forms every year until you become employed again!

cool so what that basically means is i dont have to pay anything if i contact them and fill in their forms?

sorry all those legal extracts confuse me!

yes, that's what it means

cool! thanks!!