Hi everyone.
I am all new to this so I am looking for advice. I work in the public sector but also have a ‘side hustle.’ It generally doesn’t earn me a lot of money- earned me 4K last year which I declared with Revenue form 12.
So far this year I have taken on an unexpected project which will earn me just over 6k. I am worried about how I can declare this with revenue at the end of the year, as my understanding is that only up to 5k can be registered using form 12. I don’t want to go down the route of setting up a business as such - purely due to hassle. Is this my only option? Thanks all!
I am all new to this so I am looking for advice. I work in the public sector but also have a ‘side hustle.’ It generally doesn’t earn me a lot of money- earned me 4K last year which I declared with Revenue form 12.
So far this year I have taken on an unexpected project which will earn me just over 6k. I am worried about how I can declare this with revenue at the end of the year, as my understanding is that only up to 5k can be registered using form 12. I don’t want to go down the route of setting up a business as such - purely due to hassle. Is this my only option? Thanks all!