Renting my beauty room

[Jessmb84]

Hi guys
I'm renting my beauty room for £30 a day including all bills , washing, booking her appointments.
She has to use her own products
And I have insurance for her for the first year.
Anyway do i need to do a contract for her incase vat/tax man pays me a visit?
I have no idea.
Thanks in advance
X

 

[Traveller75]

I'd ALWAYS recommend a contract for renting out anything, believe me I've rented out stuff without contracts and it can be a nightmare for both sides. Protect yourself and get one, because if anything goes wrong, which hopefully it won't, you'll really wish you had something in writing.

 

[squidgernetball]

Hi guys
I'm renting my beauty room for £30 a day including all bills , washing, booking her appointments.
She has to use her own products
And I have insurance for her for the first year.
Anyway do i need to do a contract for her incase vat/tax man pays me a visit?
I have no idea.
Thanks in advance
X

You don't have to have one as long as you're declaring the earnings, but it's good practise. Simply stating the rent, what days, what's included, notice period and so on.

Vic x