I enjoy crafting as a hobby and wish to sell items I make just to recover my costs. Do I need to register as a business?
Many people enjoy their crafting hobby and over the years have built up lots of items that they have made. They may be at the point where they have so many beautiful items, they wish to off load some items so they can recover some cash and continue with their hobby. They may see that their stock built up has been part of a hobby, and not a business and therefore are unsure whether they need to register. There is a fine line between making and selling as a hobby and running a business. To avoid any element of doubt, and for your safety, we always recommend talking to HM Revenue and Customs for advice. This UK Government Department will advise you based on your personal circumstances.
The UK government, HM Revenue and Customs is also clamping down on people earning a second income that is not being declared.
A second income could come from a variety of areas including
You can find out more about HMRC's second income campaign via their website.
There is help and advice available to find out about employment status if you’re unsure whether you’re employed.
If you are outside of the UK, the please seek advice from your local Government Department.