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Equipment hire

Wellsy Waterman
Posted Sun, 12 Nov 2023 23:39:52 GMT by Wellsy Waterman
In the past I have treated the payments I have received from hiring out my makeup kit as taxable income. Is this correct?
HMRC Admin 5 Response
Posted Wed, 15 Nov 2023 14:26:12 GMT by HMRC Admin 5 Response
Hi

Yes.  Renting our your makeup kit is a taxable income.  This should be declared as self employment income.

Thank you

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