{"id":1440,"date":"2014-06-16T10:59:41","date_gmt":"2014-06-16T09:59:41","guid":{"rendered":"http:\/\/www.pmabookkeeping.co.uk\/?p=1440"},"modified":"2014-06-16T10:59:41","modified_gmt":"2014-06-16T09:59:41","slug":"second-incomes-campaign","status":"publish","type":"post","link":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/second-incomes-campaign\/","title":{"rendered":"Second Incomes Campaign"},"content":{"rendered":"<article>The Second Incomes Campaign gives you the chance to bring your tax affairs up to date if you\u2019re employed and have additional income that\u2019s not taxed.<\/p>\n<h2>Who can do this<\/h2>\n<p>You can take this opportunity if:<\/p>\n<ul>\n<li>you\u2019re an employee<\/li>\n<li>you\u2019re resident in the UK<\/li>\n<li>you have additional income from working for yourself<\/li>\n<\/ul>\n<h3>What counts as a second income<\/h3>\n<p>A second income could come from:<\/p>\n<ul>\n<li>consultancy fees, eg for providing training<\/li>\n<li>organising parties and events<\/li>\n<li>providing services like taxi driving, hairdressing or fitness training<\/li>\n<li>making and selling craft items<\/li>\n<li>buying and selling goods, eg at market stalls or car boot sales<\/li>\n<\/ul>\n<p>Watch <a href=\"https:\/\/www.youtube.com\/watch?v=oElhdGK9gBI&amp;feature=youtu.be\" rel=\"external\">\u2018Do you have a second income?\u2019<\/a> to understand what it means to be employed but also work for yourself.<\/p>\n<h3>Get the best terms<\/h3>\n<p>You need to tell HM Revenue and Customs (<abbr title=\"HM Revenue and Customs\">HMRC<\/abbr>) if your additional income hasn\u2019t been taxed through either:<\/p>\n<ul>\n<li>your main job<\/li>\n<li>another Pay As You Earn (<abbr title=\"Pay As You Earn\">PAYE<\/abbr>) scheme<\/li>\n<li>Self Assessment<\/li>\n<\/ul>\n<p>This is called a \u2018voluntary disclosure\u2019. To get the best possible terms you need to tell <abbr title=\"HM Revenue and Customs\">HMRC<\/abbr> that you want to take part in the campaign.<\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The Second Incomes Campaign gives you the chance to bring your tax affairs up to date if you\u2019re employed and have additional income that\u2019s not taxed. Who can do this You can take this opportunity if: you\u2019re an employee you\u2019re&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1440","post","type-post","status-publish","format-standard","hentry","category-latest-news"],"_links":{"self":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1440"}],"collection":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1440"}],"version-history":[{"count":2,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1440\/revisions"}],"predecessor-version":[{"id":1442,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1440\/revisions\/1442"}],"wp:attachment":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}