Is Providing a ‘service’ in many forms taxable – however small the income!

As opposed to selling tangible items online, providing services for others, for which you make a charge, is taxable within the normal tax allowance limits.

Some may require a license, for example taxi driving.

You may receive payments sometimes in cash for delivering food via a take away  outlet

Gardening and odd-job repairs provide a good part-time income often for those who are retired and receive a pension or for young people looking for work and working in the school or uni holidays.

Dog walking and dog sitting is becoming very widespread and can be lucrative – hourly rates are high in cities!  Is this a side hustle or your main job? either way the income is likely to be taxable.

School and exam tutoring is something that is very often these days provided online and may come into HM<RC’s hands anyway when they review their social media and online platforms through various means they have. Whether or not this is online the income is taxable and there may not be too many expenses to set against it, so obviously we can advise on that.

Cake making for weddings, birthdays and celebrations ! As well as catering services.

House, Airbnb  and office cleaning can be as an individual or part of a franchise or a partnership. Depending on the set up there may be expenses to claim for your consumables et cetera, but it is likely that the bottom line profit is taxable and can easily come to HMRC’s attention.

To make any disclosures for earlier years to HMRC contact us for a fixed price and we can undertake the work for you to get you on the HMRC’s system going forward. If it is annual tax returns or accounts you require call us also for this fixed quote.

Call Andy on 07879 464577

Alex on 07538 418839

Lindsay on 07584 706664

Or email her on Lindsay@lhtax.co.uk