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ESA, definition of ‘income’
- Gina1
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4 years 2 months ago #258286 by Gina1
ESA, definition of ‘income’ was created by Gina1
Good afternoon!
I wonder if someone could help me please? We have a static caravan which we don’t use. It costs a fortune to run, with pitch fees etc. We are letting a few friends rent it this year, for payment. It is just that, friends, and not a business. My husband has a business, and has checked with his Accountant, who says as it’s just to cover pitch fees and not make a profit, I don’t need to declare it. It’s not a wage. Does anyone have experience of this, please? Thanks
I wonder if someone could help me please? We have a static caravan which we don’t use. It costs a fortune to run, with pitch fees etc. We are letting a few friends rent it this year, for payment. It is just that, friends, and not a business. My husband has a business, and has checked with his Accountant, who says as it’s just to cover pitch fees and not make a profit, I don’t need to declare it. It’s not a wage. Does anyone have experience of this, please? Thanks
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- latetrain
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4 years 2 months ago #258304 by latetrain
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by latetrain on topic ESA, definition of ‘income’
Hi Gina
Your question is outside the remit of the forum, it is not an area that I have much knowledge in, you may want to contact Shelter's help line: england.shelter.org.uk/get_help/helpline
I believe the bible for all things related to Capital is assets.publishing.service.gov.uk/governm...e/932378/dmgch52.pdf
Not an easy read, but if you want to dive deeper into this that is where I would start.
Gary
Your question is outside the remit of the forum, it is not an area that I have much knowledge in, you may want to contact Shelter's help line: england.shelter.org.uk/get_help/helpline
I believe the bible for all things related to Capital is assets.publishing.service.gov.uk/governm...e/932378/dmgch52.pdf
Not an easy read, but if you want to dive deeper into this that is where I would start.
Gary
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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- Gina1
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4 years 2 months ago #258307 by Gina1
Replied by Gina1 on topic ESA, definition of ‘income’
Thank you Gary. I have a brain tumour, so will get hubby to research. Best wishes
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