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Am I in trouble with the Tax Man?

Immaturity
Immaturity Posts: 70 Forumite
edited 11 August 2011 at 5:43PM in Boost your income
I have just started earning a bit of money from the article writing site, InfoBarrel through Google Adsense and Amazon and Chitika.

Not more than £10 in the last month or so.

(Sorry if this in the wrong area).

But I have been earning on Adsense previously (like a year a go), but didn't earn very much - I aren't near the payment threshold.

I am a student also

Will I be fined for not signing-up to to self-employed, I am going down to the local tax office tomorrow to ask for advice and see what the deal is.

Comments

  • GavB79
    GavB79 Posts: 751 Forumite
    Part of the Furniture 500 Posts
    Not sure where you stand on the Adsense as most people never actually crystallise their earnings, so if you've never had a payout and are never likely to it seems a bit burdensome having to go through self-assessment every year... you probably have to though, even though Google can close your account on a whim giving you no opportunity to see any money.
    Other than the admin side, there is no drawback to registering self-employed. Just make sure you get a small-earnings exemption from NICs.
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