Search found 3 matches

by Thisisallnew
Thu Mar 02, 2017 2:26 pm
Forum: Can You Help?
Topic: Tax for a performing child
Replies: 12
Views: 12578

Re: Tax for a performing child

Thanks all for the comments. For the reference of others here are my findings. You need to register for self assessment if you earn over £2500 untaxed in a financial year. (but then in other places is says £10k on investment income so a bit unclear) Personally I would not register a child for self a...
by Thisisallnew
Sat Nov 19, 2016 6:04 pm
Forum: Can You Help?
Topic: Tax for a performing child
Replies: 12
Views: 12578

Re: Tax for a performing child

Thanks. I suspected this might be the case but a nice problem to have!
by Thisisallnew
Thu Nov 17, 2016 11:50 am
Forum: Can You Help?
Topic: Tax for a performing child
Replies: 12
Views: 12578

Tax for a performing child

Hi All, As per my name this is all very new to me and I am wondering if others more experienced could point me to some expert advice. Our child has managed to get a role which means he will be paid over the tax free threshold and will thus need to pay tax. For others in this position can I ask if th...