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Website Advertising and Tax?

guinnessdrinker · 2008-07-04 17:27:22

Quick question guys. If a website is generating income from advertising does it have to pay any taxes on these adverising sales?

04-07-2008 5:27pm

#1

guinnessdrinker

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Posts: 1394

Quick question guys.

If a website is generating income from advertising does it have to pay any taxes on these adverising sales?

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Comments

#2 04-07-2008 5:48pm

dahamsta

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Yes.

0
#3 05-07-2008 12:19pm

Dabko

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not unless you live in the caymen islands, monaco, andora, belize, samoa, dubai, switzerland!:D

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#4 05-07-2008 4:21pm

LookingFor

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Would you have to pay VAT as well on ad sales?

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#5 05-07-2008 6:35pm

Kurttt

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Yes, assuming your registered for VAT and therefore charging VAT.

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#6 05-07-2008 6:38pm

dahamsta

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You charge VAT on ad sales, pay VAT on ad purchases. You can offset one against the other, as per usual.

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