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Anonymous

08 Jun 2021

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Does anyone know whats the minimum amount mandated by law that someone has to declare income (self employed)?

I remember its something along the lines of 22k, Can anyone confirm?

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Tay_WenHao

09 Jun 2020

If I'm not wrong, as long as you are self employed, you need to declare.

The reason for the 22k is because the first 20k of income is taxed at 0%. And with personal reliefs etc, it adds up to about 22k.

But if you earn 15k, you can still declare and no need to pay taxes.

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