How do I go about selling jewellery/crafts to local shops?

All4ABargain

susiecm3 wrote: »

I have heard pandahall mentioned a lot on jewellery forums, not used them myself but they seem popular

Thanks susiecm3, I'll have a wee look over there now...

LJM

i may pop over for a look too ty xx

All4ABargain

Hi again guys, just wondering for anyone who has been or currently is selling jewellery/crafts to local shops - do you have to register yourself with HMRC to do this? Do you need insurance? Somebody mentioned you do have to, and it suddenly seems more daunting and complicated now - I stupidly thought you'd have to be earning a certain amount to have to do this, as I only expect to make a very small amount of money - maybe £40 profit - if even that! Seems a lot of hassle, and I have NO clue what to do or what I should be doing. Any help & advice greatly appreciated!! Thanks!

PasturesNew

All4ABargain wrote: »

Hi again guys, just wondering for anyone who has been or currently is selling jewellery/crafts to local shops - do you have to register yourself with HMRC to do this? Do you need insurance? Somebody mentioned you do have to, and it suddenly seems more daunting and complicated now - I stupidly thought you'd have to be earning a certain amount to have to do this, as I only expect to make a very small amount of money - maybe £40 profit - if even that! Seems a lot of hassle, and I have NO clue what to do or what I should be doing. Any help & advice greatly appreciated!! Thanks!

You will need to register with HMRC and do an annual tax return form, for low amounts you just fill in two figures - how much you've made, how much you've spent - and they tell you how much tax you pay.

You'll need public liability insurance. This would cover you if somebody had a nasty reaction to your materials, or if your table fell over and slashed somebody's leg.

#431 here gives you a company that sells insurance: https://forums.moneysavingexpert.com/discussion/574013

Or there's a special craftsperson insurance available from http://www.craftinsurance.co.uk/cost-ind.htm

£30-80/year should cover you for several £million of liability.

Imagine if you decided to do a nice Xmas table, lit one tea-light and somebody's dog knocked it over and it set fire to the stall next door, then the whole hall.....

All4ABargain

Thank you PasturesNew!

LJM

fullahmoolah have you managed to sort out anywhere local to you yet, any bits in etc ?