§ Mr. Chris Davies
To ask the Chancellor of the Exchequer how participation in a local exchange and trading scheme affects the assessment of taxable income. 
§ Mr. Jack
Participation in a local exchange and trading scheme does not itself affect what is and is not taxable income. It is the participant's activities that mater. Thus, anyone who provides either goods or services for reward, either inside or outside a local exchange and trading scheme, is likely to be liable to income tax.
However, the form of these organisations can differ and as members, activities can vary from individual to individual, it is important that the scheme's organisers contact their local tax office with the full details of their particular scheme to check whether there are any tax implications. Similarly, any scheme member who has doubts about his own tax liability should check with his own tax office.