Setting Up Your Business Sources

What is this?

Business sources are the different types of income you receive — for example, income from self-employment, rental properties, or employment. Setting these up in your digital tax software helps ensure your income and expenses are tracked correctly throughout the year.

This article covers how to set up your business sources manually. This applies to clients who are not connected to HMRC through the software, or who need to add a source that is not pulled through automatically.

How to get there

Go to Profile & Settings and select Business Sources. From here you can add and manage all of your income sources in one place.

Adding a self-employed business

If you are self-employed, add your business here. You can have more than one self-employed business source if needed.

1. Under Your self-employed businesses, click Add new self-employed business.

2. Fill in the following fields:

Business Name — the name you trade under.

Business Description — a brief description of what your business does.

Address — the address registered for your business.

3. Once complete, save your business source.

If you are not sure what address to use, this is typically the address you have registered with HMRC for your self-employment. Check with your accounting firm if you are unsure.

Adding a landlord (UK property) business source

If you receive rental income from UK property, you will need to set up a landlord business source. This acts as the container for all of your individual properties, which you can add afterwards.

1. Under Your Landlord (UK Property) Business and Properties, click Add new Landlord (UK Property) Business.

2. Enter the address for the landlord business source.

3. Save your landlord business source.

Once your landlord business source is set up, you will be able to add your individual properties to it. See the article Setting Up Your Property Sources for the next steps.

Adding employment income

If you are employed as well as self-employed or a landlord, you can add your employer details here. You have two options — pull the information directly from HMRC (if your account is connected to HMRC), or add it manually.

Option 1 — Get data from HMRC (recommended)

Click Get data from HMRC and your employer information will be pulled through automatically if you are connected to HMRC.

Option 2 — Add manually

1. Under Your Employers, click Add new Employer.

2. Enter your Employer Name and PAYE reference. Both can be found on your payslip or P60.

3. Save your employer details.

Your employer details are used for reference purposes. If your employment changes during the year, update this section to keep your records accurate.