Selling competition wins, is this self employed?

Charityworker

OK, thanks for your replies.

I think you are missing my point a bit. My point is that if I wanted to declare it could I? I actually wanted to know that if I said I was a professional competition enterer could I declare it? I actually WANT to declare it and say I spend a minumum of 8 hours a week doing it.

I work 16 hours a week and need another 8 hours at least to keep my WTC. I know you'll all start having a go at me now saying why can't you get a full time job? Well, I'm looking for full time work but neither me or my husband can find anything. So rather than my income being £68 a week less than it is now (and I'm already struggling) I need something to tide me over until one or both of us finds full time work.

pinetree

Im sorry to sound mean but would being a professional competition enterer be a valid occupation for self employment, I would see it more as a hobby with benefits if you win that is.

squack

just tell hmrc you are partly self employed, working that 8 extra hours a week selling items on the internet, they are already on about clamping down on ebayers making a few quid on the side so it has to work both ways, keep basic records of your costs and sales made, you don't actually have to be making a profit to get WTC for being self employed (unlikely to be very much if it is based on selling items you win, best of luck anyway) :money:

heathcote123

Charityworker wrote: »

OK, thanks for your replies.

I think you are missing my point a bit. My point is that if I wanted to declare it could I? I actually wanted to know that if I said I was a professional competition enterer could I declare it? I actually WANT to declare it and say I spend a minumum of 8 hours a week doing it.

I work 16 hours a week and need another 8 hours at least to keep my WTC. I know you'll all start having a go at me now saying why can't you get a full time job? Well, I'm looking for full time work but neither me or my husband can find anything. So rather than my income being £68 a week less than it is now (and I'm already struggling) I need something to tide me over until one or both of us finds full time work.

They'll laugh you out of the dole office, and rightfully so. Can't believe anyone would scheme to get our tax money like that.

heathcote123

pitkin2020 wrote: »

Please link to where it says that, i.e the paragraphs as I can only see where it says if there was a direct link that it could be classed as a taxable income. If gambling was your job i.e you ran a betting shop or poker tournament there would be a link.

If someone spends all day mon-fri in the betting shop as a punter is that their job??

Its the 'carrying on as a business' bit.

AIUI it's a bit of a vague & general catchall for anyone that manages to discover a way of making money/living from a way not covered by normal income/capital gains tax rules.

They still want their slice!

Academic though, apparently not one person have ever been prosecuted under that particular rule.