Starting a business is very exciting. Do you have a hobby that brings you income?
Are you wondering if you need to register with HMRC? There may be a hefty fine if you don't when you need to.
If you earn more than £1000 from your hobby or a side hustle, you need to register with HMRC. The £1000 is what you get paid before you deduct any expenses.
* Register by 5th October following the end of the tax year.
* The tax year 2021/2022 runs from 6th April till 5th April.
Testimonials
Rea Moores Creates
Starting up my own business I had no idea how much would be involved in preparing the tax at the end of the tax year and how much time bookkeeping would take. Fortunately Jana was at hand to help me. She guided me through all the steps needed for her to submit the documents to the tax office, answered all the questions I asked, and put me at ease. I would recommend brush up accounting to anyone that needed this service.
QualClean Ltd
I have engaged Jana as the permanent accountant for QualClean Ltd as my accountant of 7 years advised me, he was retiring.
In the last 12-18 months I have become a little disorganised due to workload, illness and several other external factors. This has resulted in me not staying on top of my accounting, bookkeeping and invoice payment chasing.
In less than 2 months, Jana has very efficiently organised me and has set me up with a whole new system to aid my efficiency. Moreover she has been really proactive in pointing out issues in my bookkeeping and most importantly, my invoice chasing. This has resulted in recovering monies that I had no idea I was missing!
I thank Jana for her highly fastidious approach and care and I have no hesitation in recommending her to colleagues and friends.
Nikki Ayton
Brush Up Accounting was recommended to me by a mutual friend and Jana has been like a breath of fresh air. I needed someone approachable, professional and experienced and I got all three.
Jana was excellent at communicating with me and she has always got back to me within 24 hours (if not sooner). She has made an onerous task a lot simpler by explaining the process step by step.
I highly recommend working with Brush Up Accounting.
