Reply To: Pension Age “Hobby” Income
John BoxallInteresting……..
Like Peter I have bought a painting in an exhibition, I also got a photo on the front page of what was then the Bristol Evening Post in about 1990. Funnily enough the Clevedon paper also used it and paid better.
The photo sale was a one off, I was just in the right place at the right time and its the only one I have managed to sell so clearly it isnt ‘income’
On the other hand some years ago I interviewed a claimant who liked to go to Rock Concerts, he had the right equipment and contacts and managed to get a picture published from most of the concerts he went to.
Was that income? We discussed it, he went to concerts to take pictures – Rock and photography were his hobbies but did he manage to sell enough photo’s to make it a business? Interesting question that we didnt come to a decision over.
Now in this case as far as I can see if you have decided that its an income then as Peter has said the only classification you can give it is that its profits from Self Employment.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The blossom is blighted, the leaf is withered, the god of day goes down upon the dreary scene, and—and in short you are for ever floored.
Wilkins Micawber, Ch12 David Copperfield