Hi,
If you are trading as self employed, you either claim the trading income allowance or claim deductions for expenses, but not both.
As a sole trader, you are buying stock (the white goods if you will) and selling the stock at a price that includes the cost of the goods and labour.
The annual cost of goods and labour, is your gross turnover. It is from the gross turnover, that you deduct the trading income allowance or the expenses, but you cannot claim both.
It would be the same with the electricity. If your gross turnover exceeds £1000 in a tax year, you meet the criteria for completing a self assessment tax return.
Alternatively, if you have to complete a self assessment tax return, you can enter the labour payments and other payments for your trouble in boxes 17 to 21 of SA100.
Have a look at the notes at
Tax Return notes Tax year 6 April 2023 to 5 April 2024 (2023–24).
Please also note the guidance on record keeping at
Business records if you're self-employeds.
If you do not need to complete a tax return, then you will need to declare in writing each year, your miscellaneous income, such as casaul earnings.
Thank you.