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Expert Lu
Expert Lu, Business Consultant
Category: Tax
Satisfied Customers: 508
Experience:  ACCA Diploma
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If you earn less than 10k in a year do you need to declare

Customer Question

If you earn less than 10k in a year do you need to declare tax
JA: Have you talked to a tax professional about this?
Customer: no
JA: Is there anything else the Accountant should know before I connect you? Rest assured that they'll be able to help you.
Customer: no
Submitted: 12 days ago.
Category: Tax
Expert:  Expert Lu replied 12 days ago.
Hello and welcome.
Expert:  Expert Lu replied 12 days ago.

I am an expert with Just Answer and I am happy to assist you with your question.

Customer: replied 12 days ago.
Hi
Customer: replied 12 days ago.
If I was self employed and in total earned 1.5 k do I need to declare tax
Customer: replied 12 days ago.
Customer: replied 12 days ago.
Hello
Expert:  Expert Lu replied 12 days ago.

I am currently reviewing your question and I will get back to you .

Thank you in advance .

Expert Lu.

Expert:  Expert Lu replied 12 days ago.

Hello, If you own 10 K this is not taxable as it falls below your 12500 allowance for the year .

Expert:  Expert Lu replied 12 days ago.

It falls within your yearly annual allowance.

Expert:  Expert Lu replied 12 days ago.

I hope this answers your question .

Expert:  Expert Lu replied 12 days ago.

Please kindly feel free to ask if you need me to clarify my answer.

Expert:  Expert Lu replied 12 days ago.

Thank you once again for using our services.

All the best.

Expert Lu.