Hobby vs Trade

Is it a trade or a hobby – working tax credits

There seems to be an increasing scrutiny lately by HMRC into working tax credits claimed by self employed people. The general mode of enquiry seems to be questioning if the income is so small as to allow claiming for working tax credit, is it actually a trade? Or a hobby, which will n
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Is it immoral to pay lower taxes?

I was having a discussion recently with a potential client and as is my custom I presented to them the most tax efficient way to withdraw funds from their limited company using a few income level scenarios. Both directors were quite surprised at the amount of tax they would be able to
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