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Selling handmade goods online? Tax? VAT? Help?

  • 02-12-2013 7:26pm
    #1
    Registered Users, Registered Users 2 Posts: 4


    Hi all,
    I'm a student and I'm trying to set up an online store on Storenvy (similar to Etsy, if you're unfamiliar) in which to sell keyrings that I made. They're going for about $3 USD. It struck me that I have no idea what I should be doing about taxes/ VAT. Do I have to pay Revenue if I sell any of these online? I really have no idea where to start here, any help would be appreciated!


Comments

  • Registered Users, Registered Users 2 Posts: 2,004 ✭✭✭Citizenpain


    How much after tax do you expect to make a year?

    do yo have any paye income? / part time job


  • Registered Users, Registered Users 2 Posts: 4 alrightdee


    How much after tax do you expect to make a year?

    do yo have any paye income? / part time job

    Hi! I'm unemployed so it'd literally just be the few bob I'd make off of this. Which would probably be max 100euro if I'm lucky. More than likely, it'd be less than 50euro. I made them to sell at a convention and I just want to see if I can sell the rest off online.


  • Registered Users, Registered Users 2 Posts: 2,004 ✭✭✭Citizenpain


    VAT doesnt apply so - you are well under the threshhold


  • Registered Users, Registered Users 2 Posts: 4 alrightdee


    Grand! Thanks a million.


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