We'll take care of the accounting, so you can focus on what matters.
The tax return filing and payment deadline is the 31st of January the year after the tax year you’re paying for. If you choose to pay your tax on account, your tax bill will actually be split in two so you’ll only have to pay half your bill on 31st Jan and pay the second half on 31st July.
Side hustles are considered another form of work alongside your main employment. Because it’s untaxed income, you need to declare it to HMRC.
The trading allowance is £1,000 per tax year, meaning you generally don't pay tax or need to report income below this threshold. If you earn more, you must report it to HMRC, either by deducting the £1,000 allowance or by claiming actual business expenses.