The Tax Preparation Blog

Posts Tagged ‘paying tax online uk’

Question: (UK) If you generate income online via ad revenue do you need to claim tax on it?

If so, how much do you need to earn in order for it to become taxable income?

Answer: All income has to be declared to HMRC. However, you have an annual tax allowance (probably £6,475). If your total earnings from all sources are less than this, you won’t have to pay any tax.

UK Politician Ed Balls Calls Lack Of Game Industry Support ‘Madness’

UK Labour party leadership candidate Ed Balls called out UK game industry tax break opponents on Friday, saying in a blog post that the government should “rethink axed support for video games industry.” His comments come days after Dundee, Scotland-based APB and Crackdown developer Realtime Worlds went into administration, costing hundreds of area jobs. “The Tory-Lib Dem government is putting …

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