Who can do this
You can take this opportunity if:
- you’re an employee
- you’re resident in the UK
- you have additional income from working for yourself
What counts as a second income
A second income could come from:
- consultancy fees, eg for providing training
- organising parties and events
- providing services like taxi driving, hairdressing or fitness training
- making and selling craft items
- buying and selling goods, eg at market stalls or car boot sales
Watch ‘Do you have a second income?’ to understand what it means to be employed but also work for yourself.
Get the best terms
You need to tell HM Revenue and Customs (HMRC) if your additional income hasn’t been taxed through either:
- your main job
- another Pay As You Earn (PAYE) scheme
- Self Assessment
This is called a ‘voluntary disclosure’. To get the best possible terms you need to tell HMRC that you want to take part in the campaign.