Undisclosed Income

Do you have undisclosed secondary income from self employment?

If you are an employee, resident to the UK, you now have the opportunity to declare any undisclosed secondary income. If you are unclear of what can be classed as secondary income, HMRC have published a list of examples listed below:

• consultancy fees
• organising parties and events
• services such as taxi-driving and hairdressing
• making and selling craft items
• buying and selling second hand goods

If you still seem to be unsure as to whether you have a secondary income or if you can declare it, please feel free to phone HMRC’s helpline on 0300 123 0945 or give us a call on 0800 112 3667 where one of our friendly ad professional accountants will be able to advise.