Pension Credit and perceived income

Top-ranking_Bug

I have two questions, please. I am on State Pension and Pension Credit and don't want to fall foul of any regulations and lose my Pension Credit for which I fought long and hard.

1) Prior to my retirement a year ago I was self-employed and did photocopying and printing as part of my business.

Now I want to continue doing that but without making any profit - just charging for the cost of paper and ink - as a service to our small community and to keep me busy.

I literally will only be reimbursed for the cost price of materials for which I have paid. No profit mark-up or labour.

Would this be considered income that I would need to declare to DWP as change of circumstance?

2) I frequently lend my children £20-£100 which they then repay me when their salary hits their bank. So these small but regular amounts show up on my bank statement.  

Would this be regarded as income that I need to declare to DWP as change of circumstance?

I am working on the assumption that I may go over the £12570 personal allowance if I were to go ahead with (1) in addition to (2), despite the same amounts having gone OUT of my bank account, if that makes sense?

MallyGirl

1) if you make no profit then all is good - it only comes into play when you make more than £1,000 profit (after cost of materials).
https://www.theaccountancy.co.uk/freelancer/side-hustle/do-i-need-to-pay-tax-on-my-hobby-side-business-13671.html

2) family repaying you money you have lent to them is not income. 

Top-ranking_Bug

MallyGirl said:

1) if you make no profit then all is good - it only comes into play when you make more than £1,000 profit (after cost of materials).
https://www.theaccountancy.co.uk/freelancer/side-hustle/do-i-need-to-pay-tax-on-my-hobby-side-business-13671.html

2) family repaying you money you have lent to them is not income. 

Thank you for that incredibly fast response!!!

Excellent news about (2) - my children will be relieved that the Bank of Mum is not closing.

(1) The community will be delighted - they have no other place to get their printing and photocopying done since I retired.