30 Hours Free Childcare for Self Employed

AmberDeRosa

Hi, 
Does anyone know whether income from renting out a property would count towards being ‘self employed’ when applying for the 30 hours FEEE?
.Gov says that my income needs to exceed £120 per week, which this rental income does. I do a self assessment for it each year and my husband works full time. I know I’d still get the 15 hours either way but it’d be good to know whether we might also be able to get the full 30.
Thanks guys! 

poppy12345

You each need to expect to earn at least £1,853.28 over the next 3 months. If you’re self-employed and do not expect to make enough profit in the next 3 months, you can use an average of how much you expect to make over the current tax year.

https://www.gov.uk/30-hours-free-childcare

I don't think income from renting a out a property is classed as self employed but others will know for sure.

sheramber

 my income needs to exceed £120 per week, which this rental income does. 

Is that your taxable profit?

Icequeen1

AmberDeRosa said:

Hi, 
Does anyone know whether income from renting out a property would count towards being ‘self employed’ when applying for the 30 hours FEEE?
.Gov says that my income needs to exceed £120 per week, which this rental income does. I do a self assessment for it each year and my husband works full time. I know I’d still get the 15 hours either way but it’d be good to know whether we might also be able to get the full 30.
Thanks guys! 

Self-employment for TFC purposes means: “self-employed” means engaged in carrying on a trade, profession or vocation on a commercial basis and with a view to profit, either on one’s own account or as a member of a business partnership;

So it depends on whether you are trading. It is less common for people running a property business to be trading unless they have a few houses and do it as a business. If you declare it as rental income on your self-assessment, then that isn't trading. I think you would be hard pressed to argue you are trading with one property and if you do go down that route you should speak to an accountant/tax adviser as there may be other impliciations (the first will be you need to register as self-employed with HMRC)

AmberDeRosa

Thanks everyone!