Self Employment or Side Hustle Spreadsheet

If you are starting to earn money through tiktok or other affiliate schemes and need to keep track of your sales so you know if you need to register as self employed and start paying tax in the UK this spreadsheet is for you.

It includes some tips on what you need to do, a link to the a super useful HMRC guide and sheets ready for you to start entering your income and expenses today, plus a summary sheet which will pull in your profit figures and give examples of the tax which could be due.

The April 2025 sheet has an additional page about calculating what National Insurance would be due on your side hustle earnings.

The only way you will know if you are reaching the £1000 trading allowance threshold is if you are keeping a record of your earnings, and this simple spreadsheet will keep you on track.

The latest version includes my take on how you should deal with 'free' samples sent to you in return for content creation.