EVO
I Love YTtalk
Hi all UK YouTubers
I believe most smaller YouTubers self access yearly and pay tax on your earnings/profits.
In my full time main time job I am in the 40% tax bracket so this would mean paying 40% on my YT earnings/profits.
I was advised to set up a LTD company and open a Business account. Pay mysef dividends (Up to £5k tax free) and pay corporation tax (20%) thereafter on the earnings/profits.
What method do you use for paying tax on your YouTube earnings?
Cheers
I believe most smaller YouTubers self access yearly and pay tax on your earnings/profits.
In my full time main time job I am in the 40% tax bracket so this would mean paying 40% on my YT earnings/profits.
I was advised to set up a LTD company and open a Business account. Pay mysef dividends (Up to £5k tax free) and pay corporation tax (20%) thereafter on the earnings/profits.
What method do you use for paying tax on your YouTube earnings?
Cheers