What do I need to sell at a craft fair UK?

Do I need a license to sell at craft fairs UK?

You need a licence to hold an occasional market, such as a craft fair or food fair, or a car boot sale if there will be 5 traders or more. A market or car boot sale licence is for up to 50 trading spaces.

How can I legally sell my homemade products UK?

When it comes to crafting, there are very few areas in which a licence is essential. If you are working with and selling alcohol, food or have a business premise that isn't your home, you may need a licence. Otherwise, it is mostly acceptable for a small business to simply register with HMRC and begin trading.

Do I need insurance to sell handmade crafts UK?

As touched on above, you do not legally require public and product liability insurance to sell at a craft stall. However, it is a good idea. If, for example, a member of the public trips over your stall and becomes injured, this cover will protect you.

What insurance do I need for a craft stall?

Public liability insurance for craft fairs and craft stallholders is incredibly important, as it covers you against any liability or claims made by the public in connection with your craft fair.

CRAFT MARKET 101 ✿ my experience, top tips & how much money I made from craft fairs in 2022!

Do I need public liability insurance to sell at a craft fair?

While public liability insurance is not a legal requirement at craft fairs, it is highly recommended and some craft fair event organisers will want to see evidence of craft stall owners' public liability insurance policies.

Do you need public liability insurance to do a craft fair?

Public liability insurance for craft fairs and craft stallholders is incredibly important, as it covers you against any liability or claims made by the public in connection with your craft fair.

Do I need to register my craft business with HMRC?

As a new business owner, you'll also need to deal with HMRC. It's important that you register as self-employed so you can pay your taxes. Then you'll need to keep up with tax deadlines for your business, filing your tax return and paying your bill on time (including corporation tax if you establish a limited company).

How much is craft stall insurance?

At Insure Our Event we are able to offer comprehensive insurance package from £25 per event. For an accurate instant quote, fill out Insure Our Event's quote form. What insurance do I need for a craft stall at a fair?

How much is crafters insurance per year?

The annual premium for £5,000,000 Public and Products Liability is £59.00. To include Employers' Liability, the premium will be £87.00. If you would like higher limits of indemnity for Public and Products Liability (£10,000,000) prices increase to £70.50 and £98.50 (with Employers' Liability).

What qualifies as handmade?

Webster's Dictionary defines handmade as an item made by hand or by a hand process. It was first used in the early seventeenth century. Other definitions include the aspect of craftsmanship and imply that a handmade item is typically of higher quality than one mass produced by a machine.

Can I sell products without registering as a company UK?

Every new business in the United Kingdom is subject to mandatory registration with HMRC. In fact, registering a business means informing the tax office that your business exists and paying all the necessary taxes provided by UK law.

What is the difference between handmade and homemade?

Homemade means something was made at home. It is sometimes spelled 'home-made'. Handmade means that something was made by hand. It is sometimes spelled 'hand-made'.

Are craft fairs worth doing?

It's about more than sales

You can also use it as market research as you get to see the types of items that customers are attracted to. If you sell online this gives you the opportunity to see which items to feature and add front and centre on your website.

How do you prepare to sell at a craft fair?

How do I start selling at local craft fairs?

What insurance do I need to sell at a craft fair?

Public liability insurance for crafters and craft fairs. Public liability insurance covers you for any accidental bodily injury to a member of the public, as well as cover for accidental damage to third party property proven to be a result of your negligence in connection with your craft fair or craft stall.

Do I need insurance to sell homemade crafts?

Popular crafting marketplaces, such as Etsy, Folksy, Ebay and Not On The High Street, don't make it compulsory for you to have insurance in order to sell products on their websites. However, it is important to have appropriate craft insurance in place to best protect your business, your goods and your sales.

What insurance do I need to sell homemade products?

Public Liability Insurance

This may seem trivial, but in the crafting world, anything can happen. Someone hurts themselves on your crafting stall at the local fair? That's a claim waiting to happen. Maybe somebody drops one of your beautifully handmade candles and cuts themselves on the glass.

How much can you earn from a hobby before paying tax UK?

Firstly, you'll only need to report your earnings from your hobby if they exceed your Trading Allowance. This is a £1,000 turnover limit that all UK taxpayers are allowed to earn tax-free, in a single tax year, from things like a hobby or a project they do in their spare time.

Do I have to pay taxes on crafts I sell UK?

If you regularly sell goods or services through an online marketplace you could be classed as a 'trader'. And if you earn more than £1,000 before deducting expenses through your trading, you will need to pay Income Tax on this.

How much can you sell on Etsy before paying tax UK?

“I'm employed and do Etsy as a side hustle.”

If you're employed and trade on Etsy as a side business, you'll only need to pay tax if your total income from sales exceeds the £1,000 trading allowance.

How much does public liability insurance cost UK?

The average annual cost for standard PL insurance in the U.K. runs about £118 for small businesses but can be significantly higher for those operating in high-risk fields. Public injury claims in the U.K. can cost upwards of £100,000 in some extreme cases, though most fall between £10,000 - £20,000.

How much does public liability insurance cost?

The average cost for public liability insurance with AXA is £4.90* a month. It's important to note that working out the cost of public liability cover for each policy depends on several factors, such as your occupation, where you're working, how many staff you have and your annual turnover.

Do you have to pay for public liability?

Public Liability insurance is not a requirement by law, but many clients will insist that you're covered for public liability before allowing you to begin work. Some trade associations will not allow you to register with them unless you have a valid liability policy.