The HM Revenue and Customs Second Incomes Campaign is still running to give employees who do bits on the side a chance to come clean. If you are employed and have untaxed income from sources such as consultancy, buying and selling goods (Ebay, car boot sales), organising parties, taxi driving, hairdressing, childminding, etc, you might … Continue reading
This piece is being written with S46/47 Income Tax Act 2005 and S1299/1300 Corporation Tax Act 2009 in mind. HMRC’s manuals, BIM45032 and BIM45071 are also considered. There is a handful of inaccurate information on the net associating free samples with entertainment expenses. The fact is the cost of free samples given to the public … Continue reading