TAXES and online Income !

by 7 replies
8
I simply can not find this information anywhere. I live in the UK and here we have income tax, im not sure if its the same everywhere but I was wondering if online earnings need to be taxed aswell as on top of a regular job income.

I can not find information regarding this specific subject and am looking for someone who is knowledgeable enough to give me an answer.

Does internet income need to be taxed? is it illegal for it not to be taxed?

Thanks in advance.
Regards,
Mun.
#main internet marketing discussion forum #income #online #taxes
  • Short answer: yes.
    Long answer: Yes but I don't know how as I'm not in the UK. If you make a significant amount hire someone like an accountant to do it for you.
  • Mun

    Any earned income is taxable under UK rules - i.e. wages and salaries, profits from self-employment, commission, bonuses etc. and as such should be declared. This obviously includes online earnings.
    • [1] reply
    • Ah I see, thank you for the prompt replies.
      • [1] reply
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    TAXES and online Income !

    I simply can not find this information anywhere. I live in the UK and here we have income tax, im not sure if its the same everywhere but I was wondering if online earnings need to be taxed aswell as on top of a regular job income. I can not find information regarding this specific subject and am looking for someone who is knowledgeable enough to give me an answer.