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Second income tax ?

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Old 23 September 2004, 09:57 AM
  #1  
Rumplestiltskin!
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Default Second income tax ?

Hi All

I have a question regarding second income & when it needs to be declared to the Tax Man.
I have an idea to suppliment my normal income but wondered at which stage I needed to instruct the Inland Revenue, how much tax I am likely to pay on this second income, if its worth registering myself as a business to get better tax breaks (??) etc etc

Any help appreciated.

Rump.
Old 23 September 2004, 10:02 AM
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Tiggs
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if the 2nd income is not enough to get you 1/2 hr with an accountant then dont bother
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