Hi. An individual is a director & shareholder in a limited company so they have dividends and salary income and also have a sole trade as a swimming coach which does not qualify for trading allowance as the income is too high and they also have rental income. During the tax year 5 April 2020, they have started a beekeeping venture which they describe as a hobby. I beleive that an individual has an obligation to report all sources of income as this determines the tax brackets their taxable income falls into. Should the "hobby" be entered into their 2019/20 SATR even though this first year their expenses of £1,825 exceeds the income of £380? Is a loss allowable to be utilised since they have other sources of income?