Benes
When you have multiple income sources like part-time employment, freelance work, and occasional side gigs, you’ll need to report each type of income appropriately. Generally, income from your part-time job should be declared as regular employment income, while the money earned from freelance work and helping your friend’s business would likely fall under self-employment income.

You don’t necessarily need to consolidate everything into a single category. Instead, report each stream separately: declare your part-time job earnings under employment income, and list your freelance and other independent work under self-employment. This separation is important because different types of income might be subject to varying tax rules and potential deductions.

For self-employed income, you can claim business-related expenses as deductions, such as software subscriptions, office supplies, or advertising costs (like those you might incur doing social media marketing). Keeping accurate records and receipts of these expenses will be essential to reducing your taxable income.

Benes
Glad I could help! Yes, there are flat-rate deductions that self-employed individuals can use instead of itemizing every expense. These deductions are typically meant to simplify things if you don't want to track every single business-related cost. However, the rates and conditions for these flat-rate deductions can vary, so it’s important to check the specifics.

Keep in mind, though, that if your actual expenses are higher than the flat-rate deduction, it might be more beneficial to claim them individually. For example, if your work requires specific software, equipment, or travel, these could add up and potentially reduce your tax burden more than the flat rate would. It’s a matter of comparing which method would give you the most advantage based on your expenses.