Hello! I am new to the forums, it is great to see such a valuable resource online
Thanks for reading my post! I have looked through all the previous threads and can't seem to find a problem similar to my friend's.
I was wondering if anyone could offer a bit of advice?
Basically she has been off work quite along time due to illness, but has been on and off the books at a local restaurant, she has hardly worked there in the last 1-2years. But alongside this, she has been doing tailoring for people on a private basis. She has earnt money from this over the last 2 years, but never declared any of it (some of which did go straight into her bank). It is still way under the income tax thresholds for the years in which she did that work. (so this year £10,600)
She has also been supported by family, and when asked by a creditor to show her income (because she wasn't really paying any and they of course got suspicious when their records with HMRC showed unemployed) she was able to show this in her statements. They had obviously taken her off the books again at the restaurant.
Now she is much better and feels like the tailoring business could pick up and potentially be a full time self employed job for her. She wants to register as self employed, but is nervous as to when she should start her earnings from, as she is worried she will get in trouble for the previous years she didn't declare.
Do you think its ok if she was to start the self employment from now onwards, which is when she is really going to start work full time. Or do you think it could come back to haunt her in the future.
Help would be much appreciated!