I could be wrong but I think giving counts the same as selling!
That's what crossed my mind ! Don't sell deer so isn't applicable to me, but just a thought.
Just out of curiosity, you could sell it to the local pub in fur then, get paid so it's legally theirs, then as a mate skin and joint it for nothing ?
I could be wrong but I think giving counts the same as selling!
This.Yes you do! Read the wild game guide. MS
Here is a thought on this thread. All of what MS is correct; but now you have to register as a sole trader for local authorities. This means doing your bit for HMRC. So, as well as your own personal taxation, you now need to put this through your additional business. What are the tax rules on this. It used to be that you could have 5000 tax free through venison as a non professional. Is this still the case?
Where did you read that regarding the £5k tax free?Here is a thought on this thread. All of what MS is correct; but now you have to register as a sole trader for local authorities. This means doing your bit for HMRC. So, as well as your own personal taxation, you now need to put this through your additional business. What are the tax rules on this. It used to be that you could have 5000 tax free through venison as a non professional. Is this still the case?
Until they come knocking on your door, there is a paper trail via the game dealers when they pay us for game supplied.If you are a recreational stalker then there is no need to register as a 'sole trader' i.e. self-employed, with HMRC.
Where did you read that regarding the £5k tax free?
Until they come knocking on your door, there is a paper trail via the game dealers when they pay us for game supplied.
I'm sure we can offset a lot of expenses, but when you knock over a few red's it can mount up.
Cheers
Richard
Damn, didn't think of that, do you speak from personal experience?What, you mean you didn't do your DSC1 or Large Game certificate under a pseudonym in anticipation of just such an eventuality?
Damn, didn't think of that, do you speak from personal experience?