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I need to pay tax, worried - extra income?
Hi, so in the last month I decided to make money off my hobby, which I made £1278 but obviously I used some money on material etc and now I’ve finally launched my own products but don’t know what to do? How do I let Hmrc know? I want to pay the right tax and don’t want to get in trouble? It’s been a month and I’ve not done anything about it yet as I don’t know what form to fill in etc
- TavyLv 72 months ago
HMRC self employed, it's all there. You need to register as self employed.
It tells you step by step.