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

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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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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