So you've decided whether you're creating a product or selling your expertise
What next?
Well if you're wanting to sell your wares for more than £1,000, you need to tell the dreaded tax man.
Wait though, it's not that scary.
It's the case of an online declaration that you're open for business.
go to https://www.gov.uk/register-for-self-assessment
That counts for the side hustles and the other bits and bobs too.
Then once you get it through that you need to do a tax return, you have until the January after you register to send one in.
People hate tax and are scared of it, but if you know your numbers from the outset, you set yourself to be on the front foot, not the back one.
© Created with systeme.io