Sole Trader Income
Moobag
Registered Posts: 59 Regular contributor ⭐
Hi There I need some advice, I have a sole trader who is self employed and employed.
she is a beautician and an artist and has income from both fields.
With regards to the tax return and accounts do I need to treat the different income seperately or can I use it together?
Her employement is a learning support teacher at the local college, I am a bit confussed as all my other clients have one type of income
Any help greatly appreciated
:confused1:
she is a beautician and an artist and has income from both fields.
With regards to the tax return and accounts do I need to treat the different income seperately or can I use it together?
Her employement is a learning support teacher at the local college, I am a bit confussed as all my other clients have one type of income
Any help greatly appreciated
:confused1:
0
Comments
-
So, basically you draw up a set of accounts for each of the two self-employed jobs and get a P60 for the employment. Then you complete two sets of self-employment pages in the Tax Return and one set of employment pages. Then, if you do it online, the tax can be calculated at the same time. No probs! :thumbup:0
-
Thats great, thanks for you help0
