Paying tax on selling my jewellery

[Songbird]

I?ve been making jewellery for years for friends and family, and earlier this year managed to persuade a local gift-shop owner to stock some items. So far I?ve probably taken about £150 (not all profit by any stretch of the imagination!), but a couple of people have started getting me worried about tax. I currently work 4 days a week and feel I?m paying enough tax thank you very much. What should I do? Do I have to go through the rigmorole (sp?) of setting up a business etc?

No, you don't have to set up a business. And I'm fairly sure (can anyone else confirm?) that you don't have to submit a tax return for what the Revenue term 'other income' if it is less than a couple of hundred pounds.

So if your total turnover is £150, then subtract your costs, ie materials, electricity, marketing costs (like phone calls or visits to the shop), anything else relevant etc, you've nothing to declare, imho.

ooh, marvellous. I must say I thought it was ridiculous when I've made no profit yet. Thanks.

oooh songbird do you have any pics?????

I don't actually, I'm a bit rubbish! I'm going to talk to my friend's husband about setting up a website as I'm clueless about things like that. I was annoyed when I saw this stuff in various shops as it's very similar to mine. I think we get some of our beads from the same supplier as well. But she's very successful, and I'm, well, not