Help- Income
pinoyLiz
Registered Posts: 92 Regular contributor ⭐
Hello Guys,
My friend has a visa consultancy business here and abroad. I am doing here bookkeeping, I know I need to declare her income abroad and get some relief. What confuses me is she is doing a job placement as well here in the UK (excl abroad). Is this treated as another income for a separate business or shall I include this income with her consultancy business. Job placement is not really the main aim of the consulting business and she does not do it often. Please I need help on this scenario. Many thanks
Regards,
L
My friend has a visa consultancy business here and abroad. I am doing here bookkeeping, I know I need to declare her income abroad and get some relief. What confuses me is she is doing a job placement as well here in the UK (excl abroad). Is this treated as another income for a separate business or shall I include this income with her consultancy business. Job placement is not really the main aim of the consulting business and she does not do it often. Please I need help on this scenario. Many thanks
Regards,
L
0
Comments
-
If she's doing the job placement as self employed then she can either lump it in with the main self employment OR you'd prepare a second set of self employed pages. It really depends how related the 2 'trades' are.0
-
Hi F,
So I will just have to prepare another set of supplementary pages for self-employment,no need to register again. Thanks for the help0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 321 NEW! Qualifications 2022
- 159 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership