Non paye income going over 5k this year

BrownEyesDublin

Registered User
Messages
2
Hi all. I declared an additional 5k non paye earnings for 2023. I estimated I'd earn the same this year but it's been v busy and I'm expecting to go over by about 600e.

What do I do? Go self employed? If so, do I set it up now, late 2024 and after the 15th November for return? Or set it up in early 2025?

My tax credits in my main job were reduced to take account of the 5k.

I'm jointly assessed with my husband. If I go self employed it would mean I could take in more work which I don't mind.

Thanks.