declaring income as self employed help please????

[PrettyxPippa]

Hi,

i am quite new to web camming and just looking for a bit of advice.
I have a regular job where i am self employed within a company so i do all my own taxes ect, how do i go about declaring this job too as being self employed? does it matter that i am already self employed does anyone know how i go about sorting it out as i feel bit confused about it all.

Thank you

[SwingingMilf]

Just add it to your self assessment as another income

[PrettyxPippa]

Just add it to your self assessment as another income

Thank you for your reply. Will I need to ring Gntv and let them know or can I just add it onto my self assessment myself? Also what would I put the job description down as? Just abit worried about it all, I want to make sure I'm doing it all right but afraid to ask anyone as don't want people I know to find out in doing this 

Thank you

[SwingingMilf]

Just add it yourself. If you are already self employed you dont need to to notify them that you have a 2nd self employed 'job', just of the income. If you do the SA Form yourself just add it. If you have an accountant just let them know.  
As for what you put it down as, it makes no difference, you can be as illusive as you like.  Just bear in mind that if you are going to be claiming expenses for things such as toys, lingerie, webcams, lights etc it may not add up if you put that you are a cleaner. I think mine just says performer but then as I am self employed and not a limited company, the records aren't publicly available.

[PrettyxPippa]

Just add it yourself. If you are already self employed you dont need to to notify them that you have a 2nd self employed 'job', just of the income. If you do the SA Form yourself just add it. If you have an accountant just let them know.  
As for what you put it down as, it makes no difference, you can be as illusive as you like.  Just bear in mind that if you are going to be claiming expenses for things such as toys, lingerie, webcams, lights etc it may not add up if you put that you are a cleaner. I think mine just says performer but then as I am self employed and not a limited company, the records aren't publicly available.

ok thats great thank you for helping me with that. hopefully i will be able to do it all right

[3CA]

Just add it yourself. If you are already self employed you dont need to to notify them that you have a 2nd self employed 'job', just of the income. If you do the SA Form yourself just add it. If you have an accountant just let them know.  
As for what you put it down as, it makes no difference, you can be as illusive as you like.  Just bear in mind that if you are going to be claiming expenses for things such as toys, lingerie, webcams, lights etc it may not add up if you put that you are a cleaner. I think mine just says performer but then as I am self employed and not a limited company, the records aren't publicly available.

ok thats great thank you for helping me with that. hopefully i will be able to do it all right

My clients who are webcammers tend to describe themselves as internet service providers on their tax returns.

Make sure you keep separate records for each business and if you're working from home make sure you claim for the cost of that.