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Revenue

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roadman | 08:06 Tue 17th Oct 2023 | Law
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if you have full time job and do art on the side and sell it then do you need to declare this small revenue 

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'Yes' is the simple answer but as always, with tax issues, it's best to check:

https://www.gov.uk/check-additional-income-tax

I'd say it depends on how paid and how much.

The less one has to do with the revenue the better.

Yes, you will need to declare it if its going to take you into the next tax bracket.

Have a look online and see the rules for a 2nd income

Bear in mind that if they do decide to tax you on that income you will be able to offset some of it by claiming the cost of materials off the money you charge (brushes, paint, pencils, paper/canvas etc). They might decide it's not worth the hassle.

I asked and declared some modest income after I provided a service; and they took tax off me. I then found out you don't need to declare it if it's less than £1000 pa whereas mine was only £800. So follow Douglas's advice.

yes the answer is yes for chrissakes - dont bother to check

It is income - You should keep records. and a llittle account - one side income from sales, and other - your expenses - which cd be large - canvas,paints, more paints, palette, brushes, varnish. driving to and fro commissions, even art journals ( subs)

and if it is small no ( in fact, yes in law) 

and if it is large like you know £62 000 - -  no no dont tell me - - then yes - AND expect the taxman to ask how long you have been at it....

If it's a job on the side and you are investigated by HMRC.  Just tell them you are a Tory Mp ...End of... Just trouser it like they do.

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