Even if you’re a PAYE employee, there may come a time when you earn extra income on the side. In most cases you must pay tax on this income and often if you earn over a certain amount, you’ll need to file a self-assessed tax return.
This typically depends on the source of the income and amount earned.
| Rental income |
| Gifts/sponsored ads and content from blogging |
| Share-economy: e.g. hassle, deliveroo, done deal |
| Interest from deposits |
| Pension scheme contributions |
| Dividends from stocks and shares |
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