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LibbyLeach

Hobby designer making money on the side - is this taxable?

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Hi. I'm a full time college student and work part time (weekends, some weekday evenings). To make a little extra on the side during my spare time I do designs for websites, commissioned art and other things in my spare time. My job makes me around £700 a month, and on a good (well paid) month my designs will make around £300-400, with occasional website development jobs paying a bit more. Added all together this tax calculator says I am very close to being taxed - should I be worrying about this? Do I need to declare the designs/web stuff as income? Hoping someone here has done something similar on the side and knows what I should do :)

Thanks!

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Howdy LibbyLeach, not to worry if you are paid in cash !! The standard Personal Allowance is £11,500. If you earn less than this, you shouldn't have to pay any Income Tax. But to make sure contact a tax return person near you, they will answer your questions !!

Good Luck

Chuck

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You'll have to tell HMRC you make the additional income as you'll be in bigger trouble if someone else tells them.

http://salary-calculator.org.uk/ - this says the maximum you can earn is £11,850 for this tax year, meaning you have just under £1000 a month to earn until you have to pay tax.

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