Tax question

[aero_mansoor]

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Dear All,

Sorry if this question has been asked a few times. I am a newish Affiliate...and I needed to ask few questions regarding tax.

1) What is more benefitable (tax saving wise) to have a limited company or declare this as a secondry earinings (for me this is a secondary earning).

2) I live in UK and have affiluate programmes work from all varying countries, now what do i do interms of TAX

what i mean is this... how do i claim for smoething like

Working on my Scheme (say based in US) from some place like Paris (I live for 3 months or so due to my main work in Paris). Do i declare this in my form in UK.

What are your experiences?

Many thanks... and again apologies if you ahve answered this a trillion times

M

[annabellea]

Dear All,

Sorry if this question has been asked a few times. I am a newish Affiliate...and I needed to ask few questions regarding tax.

1) What is more benefitable (tax saving wise) to have a limited company or declare this as a secondry earinings (for me this is a secondary earning).

2) I live in UK and have affiluate programmes work from all varying countries, now what do i do interms of TAX

what i mean is this... how do i claim for smoething like

Working on my Scheme (say based in US) from some place like Paris (I live for 3 months or so due to my main work in Paris). Do i declare this in my form in UK.

What are your experiences?

Many thanks... and again apologies if you ahve answered this a trillion times

M

Hi Aero -

Sorry for the delayed response!

I just want to clarify your questions:

Are you asking if you should be claiming your affiliate job (your secondary earnings) in the form of its own corporation? or as your secondary (but personal) earnings?

And where do you file your tax return? From the sounds of it - the UK?

Thanks!

[aero_mansoor]

Hi, am glad to get any advice,

What I was asking is if its beneficial in having a ltd company rather then pay tax as a secondary earnings?. Yes you are right I am in UK.

I did also wonder what the tax liabilities were if i was doing my affiliate work outside UK for a period of time do I still pay for those takes in UK? or pay for them in my case France?

Many thanks for you help!

M

[Mogga]

The best advice you can have is to speak to an accountant and explain your personal circumstances to them.

[annabellea]

The best advice you can have is to speak to an accountant and explain your personal circumstances to them.

Mogga is exactly right: there are too many variables to this question and really your accountant/lawyer would have the right answers for you. :tup

[Vladimir]

Aero... Why do you keep posting the same questions....??

Bearing in mind you get the same answers....!!

Maybe it really is time to take some good advice, and talk to an accountant..

Vlad

[aero_mansoor]

Hi Vald,

I posted this wuestion by mistake on another forum, but coudl nto delete it if this si what you are referring to??? apart from that i was not sure if i was asking the same question again? merely explaining where i was comming from...

Thanks for the comment anyway..

M