Sharing - income?

[Mchorseface]

Am contemplating looking for a sharer for my horse - can anyone tell me if having a someone who contributes towards costs counts as income for tax purposes? It's clearly not profit given the overall expense of keeping a horse but not sure if hmrc would see it like that!

Wouldnt even cross my mind!!

They generally don't pay enough to cover feet, vaccinations and day to day care

Exactly! Just something someone said to me, and it made me think...

I’ve been a sharer previously for horses on livery. I always paid my share directly to the livery owner rather than the horse’s owner, so it couldn’t be seen as income. Other sharers paid for things like shoeing or bought hard feed, again paying farrier or feed merchant directly.

I understood it as you can get up to half the cost of keeping the horse back from a sharer/s as it was literally a 'share' but any more than half & it became 'income' & a business that had to be registered.