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Must I declare my profits from FX trading for tax purposes?

How do I declare a one-off payment for tax purposes?

  • I work full time for NHS and pay tax and NI through my employer. I have just received a payment from Mills and Boon for £2500. I don't expect to be getting anymore. How do I pay tax and NI on this amount? 5 phone calls to the tax office today and I'm none the wiser. A straight answer would be very much appreciated.

  • Answer:

    Hard one - write in - include all the identifiers, name, NINo, date of birth addrerss. Say in your letter what u said here and ask for instructions. It will go to a terchnician and the tech will get back to you. Include phone numbers because we'll try to sort by phone if any questions. Could be a code restriction or a payment - either way ty for being honest.

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