Help
What rules would apply to me if I want to sell things online?
I would like to sell some stuff that I made, on my website. Would I have to register as a business? Or could I just be a private seller as it's just a hobby?
Page 1 of 1
Rules regarding online selling
Rate Topic:
#2
TopShopper 
- Expert
-
- Group: Members
- Posts: 878
- Joined: 21-July 09
- Reputation: 14
- Gender:Male
- Location:Cardiff, UK
- Experience:Intermediate
- Area of Expertise:Coder
Posted 20 March 2010 - 01:09 PM
You should operate as a 'Sole Trader'.
See This Link for info.
But to start with just get going. Keep records. When you start to make a reasonable profit, you had better contact the tax man.
See This Link for info.
But to start with just get going. Keep records. When you start to make a reasonable profit, you had better contact the tax man.
#3
MyshMash
- Dedicated Member
-
- Group: Members
- Posts: 138
- Joined: 06-December 09
- Reputation: 3
- Gender:Female
- Location:UK
- Experience:Beginner
- Area of Expertise:Web Designer
Posted 20 March 2010 - 08:39 PM
Thanks for that, I'll have a good look at that website.
Would I still have to register as self employed when I have a full-time job and do this on side?
It would probably be easier selling it on ebay wouldn't it...?
Would I still have to register as self employed when I have a full-time job and do this on side?
It would probably be easier selling it on ebay wouldn't it...?
#4
BlueDreamer
- Web Guru
-
- Group: Moderators
- Posts: 5,804
- Joined: 23-October 07
- Reputation: 202
- Gender:Male
- Location:Northampton (where?)
- Experience:Advanced
- Area of Expertise:Web Developer
Posted 20 March 2010 - 09:54 PM
MyshMash, on 20 March 2010 - 08:39 PM, said:
Would I still have to register as self employed when I have a full-time job and do this on side?
The best advice is to ask your local tax office because only they know the current requirements. Whatever happens, any money you make outside of your full time job is additional income, and therefore taxable at some point depending on your current earnings. At a minimum you will need to complete an annual tax return.
Share this topic:
Page 1 of 1