Disabled & Tax on Youtube earnings

6 Posts
Hi,
I hope you can help please.. I have a query regarding being disabled, in receipt of Employment and Support allowance (ESA) at the higher rate (Support Group) & having a YouTube channel. The channel is just a hobby for me and I upload a video perhaps once a month or so depending on when I feel ok to record some footage. Recently for example I have not uploaded a video for 3 months or so.
I don't work and claim the above benefits (due to spinal issues and a bone tumour etc.) I also have a Youtube channel with coming up to 2600 subscribers which I do short videos for, and this makes me approx £140 per year.
My query is regarding tax & self assessment etc and whether or not I am required to do this or not. I have been trying to get my head around the new 2017 onwards HMRC rules regarding Trading Allowance and being able to earn up to £1000 per year, but it doesn't seem clear for those like me that receive ESA & Disability Benefit. I have read online somewhere that It's ok to receive up to £20 per week in addition to the benefits but could someone confirm this or not please?
Any advice would be very welcome.
Many Thanks indeed
I hope you can help please.. I have a query regarding being disabled, in receipt of Employment and Support allowance (ESA) at the higher rate (Support Group) & having a YouTube channel. The channel is just a hobby for me and I upload a video perhaps once a month or so depending on when I feel ok to record some footage. Recently for example I have not uploaded a video for 3 months or so.
I don't work and claim the above benefits (due to spinal issues and a bone tumour etc.) I also have a Youtube channel with coming up to 2600 subscribers which I do short videos for, and this makes me approx £140 per year.
My query is regarding tax & self assessment etc and whether or not I am required to do this or not. I have been trying to get my head around the new 2017 onwards HMRC rules regarding Trading Allowance and being able to earn up to £1000 per year, but it doesn't seem clear for those like me that receive ESA & Disability Benefit. I have read online somewhere that It's ok to receive up to £20 per week in addition to the benefits but could someone confirm this or not please?
Any advice would be very welcome.
Many Thanks indeed
0
This discussion has been closed.
Latest MSE News and Guides
Replies
About the work you do. Have you reported this and your earnings to DWP? If not then you'll need to do this. You can do permitted work BUT you do need to tell them about this and fill in a form. You can work up to 16 hours per week and earn up to £120 per week without it affecting your benefits. See this link.
https://www.turn2us.org.uk/Benefit-guides/Employment-and-Support-Allowance-Permitted-Work/What-is-permitted-work-(Employment-and-Support-All
https://www.moneysavingexpert.com/news/protect/2017/04/government-drops-1000-tax-breaks-for-online-sellers-and-room-renters-for-now
Thank you again
http://forums.moneysavingexpert.com/forumdisplay.php?f=22
Thank you again though.
I'm guessing you haven't reported this to them? How long have you been doing this work? It only takes 1 person to report you....
Hi,
I understand. I called the DWP and I'll be fine in regards to approx 2 hours work per month, they even sent me the PW1ESA link which has now been sent off.
I have had my reviews channel on youtube for 5 years, however the end of 2016 was the first time it made anything (just over £17 in total.) So up to now this is my second year with monetisation after building up enough subscribers and passing the youtube payments threshold. Now to sort out the tax.
Thank you
Online tax returns is not hard. Mine takes about half an hour and mine is more complicated as I buy and sell. It really is as easy as the money in and the money out. It is only more complicated if you earn more. You won't have to pay tax. Don't forget to claim for anything you have to pay for when making the videos. It will hardly matter now but if you ever increase income above tax then it will. The tax return is pretty easy and just a case of answering questions, there is a section on benefits. Most of it won't apply to you.
I found this link that may help.
http://yttalk.com/threads/paying-tax-on-youtube-earnings-guide-hmrc-uk.124173/
I know people on here won't like it, but for £100 a year I think you are wasting your time registering for tax. It is unlikely HMRC will catch up with you for a paltry amount, but you never know when they may decide to target You Tube channels. So you may want to do it for peace of mind.