Out of hours earnings and the taxman

Aug 04, 2004 4 Replies

I have a 9 to 5 IT job, but recently have taken on out of hours consultancy and web design work - with some clients paying by cheque (and should therefore be taxed). Should I keep quiet until the Inland Revenue notice (I've never received a form from the Inland Revenue to fill in) - I'm happy to declare it if they ask - or should I phone them up now and tell them of my earnings?


Wibbler said

It is your responsibility to tell them and you must inform them that you have become self-employed within 3 month. You might also find that you have NI implications to your earnings as well as the tax.

In message of Wed, 4 Aug 2004, Wibbler writes

Is being paid by cheque significant?

DF

Its only significant in the sense that it increases the likelihood of him being caught !

Nick

In message of Wed, 4 Aug 2004, Nick Read writes

Doh!

I was trying to get him to acknowledge that :-(

DF

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