Quizzes & Puzzles0 min ago
Is money obtained from busking taxable?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Technically any income you receive that isn't taxed at source is taxable so therefore the answer is yes.
However as it is probable that you don't have a job (hence the need to busk) you can earn about �5k (can't remember this year personal allowance off the top of my head) without having to pay tax. (I wouldn't imagine that you'd earn that much busking anyway so problem solved!)
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