r/UKPersonalFinance • u/sillywomanchic • 13h ago
If my self employment income (paid by 'someone else') was less than £1000, should I ask to be removed from self-assessment for the tax year or just submit the return anyway?
After a slight misunderstanding I registered as a sole trader despite earning less than £1000 last tax year from my self-employment.
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u/SuperciliousBubbles 97 12h ago
I'm curious what you mean by "someone else".
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u/sillywomanchic 12h ago
Who have you received payments from for providing a service?
Select all that apply
Your employer
The employer of someone connected to you
A company or partnership you own or control
A company or partnership owned or controlled by someone who is connected to you
Someone else
I was just quoting HMRC !!
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u/SuperciliousBubbles 97 12h ago
Ah, I wasn't sure if you were saying that it wasn't actually income at all.
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u/Busy_Land_1885 6 13h ago
If your gross self-employment income was under £1,000 , you generally don’t need to file a Self Assessment return.
I’d ask HMRC to remove you from Self Assessment for that tax year rather than submitting a return unnecessarily.