Gransnet forums

Legal, pensions and money

Page 1 of 1
Flip | Customise

Tax - PAYE plus income from another source

(5 Posts)
Add comment | Report
Tessyo Mon 27-Sept-21 09:17:28

Can this be managed ok by self declaration tax return or is an accountant needed? Can expenses be claimed? Complete beginner to all this!

Add comment | Report
Peasblossom Mon 27-Sept-21 09:29:38

It’s really easy. I’ve been filling in the self assessment form for years.

You can read all the bumph for yourself or if you think it might be complicated, just pay for a one off meeting with a tax accountant who will explain it all. Then you can take it from there.

Having said that my source of extra income was fairly straightforward, from sales of books.

Add comment | Report
Sar53 Mon 27-Sept-21 10:03:57

I have my pensions and a small income from another sauce and at the end of the tax year I declare it on 'my page' on the HMRC website and my tax code is sorted for the next year. Very easy to do.

Add comment | Report
Theromented Tue 28-Sept-21 15:10:46

Message deleted by Gransnet for breaking our forum guidelines. Replies may also be deleted.

Add comment | Report
Jaxjacky Tue 28-Sept-21 15:28:51

Reported last post

Page 1 of 1
Flip | Customise