The basic principle is that if you earn income from renting out your business assets (including your gear), you are also liable to pay tax (income tax or corporation tax and VAT). In case of doubt, seek advice from your accountant or bookkeeper.
The basic principle is that if you earn income from renting out your business assets (including your gear), you are also liable to pay tax (income tax or corporation tax and VAT). In case of doubt, seek advice from your accountant or bookkeeper.