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Cash from Baking??

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Comments

  • Bluefire
    Bluefire Posts: 476 Forumite
    Debt-free and Proud!
    thanks but not a patch on your creations Karen!
    Bluefire-I love thoese pink butterflies on the cream giant cupcake above, are they hand made or bought?
    They're handmade Kim, with a PME butterfly cutter.
    Mortgage: [STRIKE]08/13 £28,896.49[/STRIKE] 01/18 £0
  • karenccs67
    karenccs67 Posts: 1,088 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud!
    2j4yfx1_th.jpg ny75u1_th.jpg 334154n_th.jpg

    My first attempt at a Bride & Groom, & shoe.
    ***Dont save what is left after spending, spend what is left after saving***
  • esmer
    esmer Posts: 1,444 Forumite
    edited 11 April 2011 at 3:19PM
    karenccs67 wrote: »
    2j4yfx1_th.jpg ny75u1_th.jpg 334154n_th.jpg

    My first attempt at a Bride & Groom, & shoe.

    Seen them on FB and love them, especially the shoe, its so delicate looking :j
    Saving 2.00 coins
    Grocerys set to 40.00 pw
    Being Thrifty
  • karenccs67
    karenccs67 Posts: 1,088 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud!
    esmer wrote: »
    Seen them on FB and love them, especially the show, its so delicate looking :j

    it is delicate, i broke the first one !!! lol its made from pastillage.
    ***Dont save what is left after spending, spend what is left after saving***
  • Sorry to hijack this thread, but am trying to find out how would I go about declaring my income, paying tax etc if I managed to sell any cakes?
    Thought someone on here might be able to help.
    Thanks in advance
  • Yoyosam
    Yoyosam Posts: 34 Forumite
    cvacher11 wrote: »
    Sorry to hijack this thread, but am trying to find out how would I go about declaring my income, paying tax etc if I managed to sell any cakes?
    Thought someone on here might be able to help.
    Thanks in advance

    Would this be your only income or do you have other paid employment too?
    Sealed Pot Member 1111 = £29.43 £2 Coin Savers Member No 20 = £52
    Debt December 2010 = Overdraft 1,150.00 Credit Cards 10,635.39

    "Pay off as much as you can in 2011" challenge
    was £11,785.39 - £519.12 = now £11,266.27
  • stardrops42
    stardrops42 Posts: 857 Forumite
    karenccs67 wrote: »
    2j4yfx1_th.jpg ny75u1_th.jpg 334154n_th.jpg

    My first attempt at a Bride & Groom, & shoe.

    They're brilliant :T I tried to make a shoe once but it just kept breaking:o Yours looks so delicate.
    Feb GC £80 per week (Well I'm gunna try:whistle:)
    Diet starts today(31/12/16)! Only 18lbs to lose:eek:

    4/2/16 - 13lbs to lose:D
    11/2/16 - 12lbs to lose:D
    3/3/16 - 11lbs to lose:D
  • antsea
    antsea Posts: 97 Forumite
    Hi. Haven't got time to read it all, sorry, but just made me think of one of the companies I worked at. Usually it's normal sandwich companies, but at this one place a couple of retired ladies had got the sandwich round in the office.

    So they sold sandwiches and the normal things like apples, crisps, chocolate.

    Maybe this could be one way to go for a moneysaver who likes baking? Get a lunch round and sell sandwiches, and your homemade brownies etc.
  • cvacher11 wrote: »
    Sorry to hijack this thread, but am trying to find out how would I go about declaring my income, paying tax etc if I managed to sell any cakes?
    Thought someone on here might be able to help.
    Thanks in advance


    at present I have a full time job as well
  • ladypike
    ladypike Posts: 246 Forumite
    cvacher11 wrote: »
    at present I have a full time job as well


    I Googled 'telling HMRC about becoming self-empoyed' today, you will find a link to their website.

    Im also employed but had to tell them about me also becoming a self empoyed cake baker. You just need to fill in an online form with your NI number and they will contact you reference your self assessment. Hope this helps xx
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