We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
small business after retirement
Options
Elizabeth_739
Posts: 56 Forumite
Hi - I'm 63 and on just a State Pension, think it's about £6486. I want to sell some handmade jewellery, sort of hobby/business. A young friend has offered to set up a website for me. Could anyone tell me how much I could earn without worrying about tax problems, or would I have to complete tax forms anyway to say exactly what I'm doing?
Also, if I open a business account in a 'business name' does it then have to be registered as a business.
Although extra earnings would be nice, I want to keep it small but don't want to run into problems! Would appreciate anyone else's views.
Also, if I open a business account in a 'business name' does it then have to be registered as a business.
Although extra earnings would be nice, I want to keep it small but don't want to run into problems! Would appreciate anyone else's views.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards