3 articles tagged with Home Business.
Self-employed calligraphers doing wedding invitations, signage and commissions face seasonal income and modest material costs. Full worked example on £16,000 turnover shows a £86 tax and NI bill.
Handmade soap and cosmetics sellers face a real compliance cost most crafters underestimate: a Cosmetic Product Safety Report, often £50-£150+ per product. Full worked example on £18,000 turnover and what you actually keep.
Registered childminders working from home can use HMRC's simplified flat-rate expenses for food and household costs. Full worked example on £24,000 turnover and what you can and can't claim.
