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  1. happypig

    OT winding up a business

    14/15 profit was about £600. 15/16 was less.... I don't think it's worth engaging an accountant at those sort of levels
  2. happypig

    OT winding up a business

    Not a limited company. All her allowance is taken up with her normal job and so she was liable for tax on her second income.
  3. happypig

    OT winding up a business

    Can anyone advise ? My wife has a small business which I think is called a "Lifestyle Business" in that she already has a job but she makes and sells stuff. She was turning over about 4-5k a year and paying tax as required on it. She's now decided that due to caring responsibilities and leisure...
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