Cesar D
-
RE: PAYE + side business
Hello, thanks for your responses. I'm struggling to see where exactly do I register? I'm following these steps: 1/ in the "Register as a sole trader" website 2/ I click on "Check how to register for Self Assesment as a sole trader." 3/ fill in the questionarie with, first question: 1. Why do you need to send a Self Assessment tax return? answer "You're self-employed" 4/ second question: 2. Did you send a tax return last year? answer "Yes" 5/ it just says "You're already registered for Self Assessment" and doesn't let me do anything else. Am I doing anything incorrect? Thank you again for the feedback. -
PAYE + side business
Hello, I already file Self-Assesment because of my PAYE salary but I'm building a side business at the same time without any income at the moment since it hasn't launched. I'm investing on website hosting, marketing, buying equipment and other expenses which are not related to my employment, but to the side business. QUESTION: To be able to claim these as expenses, do I have to register as a sole trader even if I already do self assesment? Thank you for your response and any guidance would be appriaciated.