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youtube payments and tax (need help)
Posted:
youtube payments and tax (need help)Posted:
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Joined: Jan 02, 201311Year Member
Posts: 171
Reputation Power: 6
Status: Offline
Joined: Jan 02, 201311Year Member
Posts: 171
Reputation Power: 6
so ive been on youtube for a while and ive reached the payment threshold and was wondering do i have to pay tax on this payment even if its a one off payment. I live in the UK and was wondering if anyone could answer this and if i do accept this payment and have to pay tax on it how do i do it?
#2. Posted:
Status: Offline
Joined: Dec 11, 201112Year Member
Posts: 681
Reputation Power: 27
Status: Offline
Joined: Dec 11, 201112Year Member
Posts: 681
Reputation Power: 27
Hey bud,
You most likely DO NOT need to pay tax on your YT money. Most countries have a certain minimum wage you must make to be taxed, so even if you're making $200-$300, you wont need to pay.
If you need any more help, feel free to message me! I'm an accountant major and lived in Ireland, so I know both the EU and US tax systems well enough.
You most likely DO NOT need to pay tax on your YT money. Most countries have a certain minimum wage you must make to be taxed, so even if you're making $200-$300, you wont need to pay.
If you need any more help, feel free to message me! I'm an accountant major and lived in Ireland, so I know both the EU and US tax systems well enough.
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