Starting a small business?
Starting a small business?
Author
Discussion

agric

Original Poster:

367 posts

206 months

Monday 29th June 2009
quotequote all
I would like to earn some pocket money at the weekends,
Some hedge cutting and fence repair,

What do I need to do legally, is there a point at which it stops being a paid pastime, and becomes of interest to HMC

Thanks (a novice)

Dupont666

22,488 posts

214 months

Monday 29th June 2009
quotequote all
pu this in the business section otherwise it may get lost...

RichBurley

2,432 posts

275 months

Monday 29th June 2009
quotequote all
agric said:
I would like to earn some pocket money at the weekends,
Some hedge cutting and fence repair,

What do I need to do legally, is there a point at which it stops being a paid pastime, and becomes of interest to HMC

Thanks (a novice)
Where are you based?

agric

Original Poster:

367 posts

206 months

Tuesday 30th June 2009
quotequote all
Near Northampton,

There isn't a lot of money about for the jobs I do just now,
Mainly I was wondering how it works in general terms, should someone ask for a receipt,
and subsequently if the IR came looking to see what I'd been up to

any advice Richard?

Eric Mc

124,715 posts

287 months

Tuesday 30th June 2009
quotequote all
If you start running a business, youi have three months within which you must notify HMRC.

It is up to you to let them know.

Miss the three month deadline and you are fined £100.

agric

Original Poster:

367 posts

206 months

Tuesday 30th June 2009
quotequote all
Thank you Eric