Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Thu, 14 Mar 2024 15:42:51 GMT by Luigi
Hello, I have started a side hustle in parallel with my permanent job, and I was wondering whether I can deduct the expenses that are allowed. So far, the side activity has produced very little income in terms of sales and royalties here in the UK and abroad. However, the expenses are pretty high. Thank you.
Posted Wed, 20 Mar 2024 14:39:44 GMT by HMRC Admin 19

You can see guidance here:

Expenses if you're self-employed

Thank you.
Posted Wed, 20 Mar 2024 14:46:18 GMT by Luigi
Thank you for confirming; I just wanted to make sure it applied to my case to avoid any fines. Regards.

You must be signed in to post in this forum.