Second Income Employees

Posted: Aug 13, 2015
If you are an employee resident in the UK and you have a second income working for yourself and the income has not been declared or has been understated , HMRC is offering taxpayers in this situation a chance to make a voluntary declaration to bring their tax affairs up to date , with a minimal penalty .

A second income could be from such sources as :

Consultancy fees .

Organizing events and parties .

Services such as taxi driving, hairdressing, personal training etc.

Making and selling craft items and food .

Buying and selling on line or at market stalls and car boot sales .

If you do not make a voluntary declaration and HMRC find out that you owe tax , you may be liable to higher penalties or face criminal prosecution . I will help you to make a voluntary declaration or deal with any HMRC which has already started to ensure the tax and penalties are minimised .

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