AISLE SAY!
I made £375 flogging the leftover decorations from my wedding – just two steps made them so much more valuable
One man's trash is another man's treasure
IT SEEMS that most people these days are looking for new ways to make money - whether it's starting a part-time job or flogging your belongings.
And one man has revealed how he made the most of his wedding day leftovers and made £375 in the process.
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Jonti, from the UK, decided to get help from entrepreneur and second-hand lover Sarah Moore to see if his wedding decorations could earn him some extra cash.
him and his wife had a romantic winter wedding lit up with hundreds of candles - however the couple seemingly bought more than needed.
Jonti was left with tonnes of white pillar candles left over from the big day - some used and some unused when he decided to hand them over to Sarah and see if she could upcycle them.
Asked what he think's Sarah might do with the candles - Jonti revealed she could perhaps be making a sculpture.
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So you can imagine his surprise when she turned up at his doorstep with her final creation.
That is amazing
Jonti
Instead, Sarah had upcycled the candles by turning them into candles - with a little more flare.
Using just two easy steps Sarah managed to inject new life into the otherwise lacklustre items - and sell them for a very decent profit.
Sarah transformed the candles by melting the wax down and added colouring to the wax to create an artisan pack of candles.
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"That is amazing," exclaimed Jonti.
"I think because they were brightly coloured and everybody loves a candle, they sold really quickly," Sarah explained.
Jonti was even move shocked when Sarah revealed the profit she had made as she whipped out £375 from her back pocket and handed it over.
I’m a stay at home mum and make up to £2.3k a week with my side hustle
As he and his wife had just had a baby, Jonti was eager to use the money to treat his wife.
"The rest, we were going to donate it to the Parkinson's organisation in honour of my mother," he added.
You can watch more people turn 'trash' into treasure by tuning into BBC's Money For Nothing.
Do I need to pay tax on my side hustle income?
MANY people feeling strapped for cash are boosting their bank balance with a side hustle.
The good news is, there are plenty of simple ways to earn some additional income - but you need to know the rules.
When you're employed the company you work for takes the tax from your earnings and pays HMRC so you don't have to.
But anyone earning extra cash, for example from selling things online or dog walking, may have to do it themselves.
Stephen Moor, head of employment at law firm Ashfords, said: "Caution should be taken if you're earning an additional income, as this is likely to be taxable.
"The side hustle could be treated as taxable trading income, which can include providing services or selling products."
You can make profit of up to £1,000 a year tax-free via the trading allowance, but over this and you’ll usually need to pay tax.
Stephen added: "You need to register for a self-assessment at HMRC to ensure you are paying the correct amount of tax.
"The applicable tax bands and the amount of tax you need to pay will depend on your income."
If you fail to file a tax return you could end up with a surprise bill from HMRC later on asking you to pay the tax you owe - plus extra fees on top.
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