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15 year old selling online
CyberCatK
Posts: 12
Forumite
Hello, my daughter (15yrs old) wants to sell online to make a bit of money.
She isn't old enough to have an ecommerce website yet, and Etsy would be a great platform for her to use - but again, she isn't old enough (same with Ebay etc).
I'm happy for her to sell on my Etsy account - however, I'm a high rate tax payer and already make over £1000pa on etsy.
I don't want her to have to pay 40% tax!
Is there a way around this at all please?
I'm maybe thinking I should set up a Ltd company and employ her. But this seems a lot of effort!
Any advice appreciated. Thanks.
She isn't old enough to have an ecommerce website yet, and Etsy would be a great platform for her to use - but again, she isn't old enough (same with Ebay etc).
I'm happy for her to sell on my Etsy account - however, I'm a high rate tax payer and already make over £1000pa on etsy.
I don't want her to have to pay 40% tax!
Is there a way around this at all please?
I'm maybe thinking I should set up a Ltd company and employ her. But this seems a lot of effort!
Any advice appreciated. Thanks.
0
Comments
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How close is she to being 16? at that point things may get easier as at least then she can be the director of a Ltd etc0
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Some other platforms might have different age restrictions or allow parental oversight. In both cases i would recommend using clio https://clerk.chat/integrations/clio/ for the communication with the customers.
- Depop: Popular among teenagers and might have more flexible age policies.
- Facebook Marketplace: Allows for local selling and might have fewer age restrictions with parental involvement.
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