Registering business with HMRC

Answered according to Hanafi Fiqh by IslamicPortal.co.uk

If I run a business from home and I know my earnings will be less than £12,000, do I need to register my business with HMRC as it is very unlikely my business will reach the tax threshold?

بسم الله الرحمن الرحیم

Answer

If it is necessary to register the business, you should comply with the law.

Allah knows best

Yusuf Shabbir

16 Ramaḍān 1440 / 21 May 2019

Approved by: Mufti Shabbir Ahmed and Mufti Muhammad Tahir

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