Derrenly Enn
Joined: 7/26/2023
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RE: Be both employed and self-employed at the same time
Yes. The trading allowance is a tax exemption of up to £1,000 a year for individuals, including for self-employment. You're not obliged to tell HMRC until you earn beyond £1,000, no matter how much PAYE income you have. https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income#trade -
RE: R&D tax credits - additional information form
The form is linked to the agent account and you can find the form here - https://www.gov.uk/guidance/submit-detailed-information-before-you-claim-research-and-development-rd-tax-relief Keep in mind also that you may need also to do a Claim Notification form too, so read the criteria (form and criteria at this page) - https://www.gov.uk/guidance/tell-hmrc-that-youre-planning-to-claim-research-and-development-rd-tax-relief -
Vouchers for surveys, are they taxable?
Hello, Are vouchers for surveys completed taxable and to be put on a self-assessment tax return? I often do surveys in return for small voucher amounts, and these build up over the course of a year, eg £200. I do this alongside my main job. Are these voucher amounts to be put on a tax return? Thank you,