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Multiple sources of income

Posted 10 February 2016 under Tax Questions


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Claire says:
9 February 2016 at 13:09

I am a co-owner of a company which I work for and currently work part time for a University. Last year I worked part time for a corporate company and thus I have multiple sources of income. I find it extremely difficult to understand where each of these earnings should go etc.

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TaxTimTaxTim says:
9 February 2016 at 13:18

Do you receive IRP5's for all the income?


Claire says:
9 February 2016 at 15:25



Unfortunately I dont.


TaxTimTaxTim says:
10 February 2016 at 11:54

If you invoice and have records of the income earned then you would make use of the Business Income section of the tax return where you would include the incomes earned and then all the related business expenses.


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