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Old 28.01.2020, 13:37
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Re: Unexpected second income & associated tax liabilities

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I am neither "freelancing" or "self employed". I am in full-time employment where a simple hobby has grown, unexpectedly, beyond where I had anticipated and I am looking to make sure I don't fall foul of any tax laws.

Actually you are both employed and self-employed. Given the volume of income, you would need to register this sideline with the SVA and pay contributions accordingly. I would think, if these sales are completely unrelated to your main employment, your employer would be pretty churlish to object providing your activities don't impact on your full-time work, especially if you explain it to your employer as you did here. In terms of taxation, it's simply an extra source of income to be declared on your family tax return IMV.
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