What do I need to start selling goods online?

boogerballs

Hi Everyone,

I am looking for some information, I have a small side business where I make wooden figures and up to now I have been selling them at market fairs and other events.

I would like to try and sell these online, I have created a simple website that includes e-commerce functionality so that side of things is fine.

My question is what do I need to set up regarding Tax. I have a business registered with the CRO and have purchased the domain name but that's it. I assume I will need a VAT number. Is there anything else I need to consider?

Just to add, I also work full time in another job, are there any implications regarding my Tax credits ect??

mrawkward

You only need to regsister for VAT if your turnover exceeds about €6,000 per month, so unlikely!.
You should fill out Revenue form TR1 for your sole trader business ( you should have done this already for your market activities!) , and then you are good to go.

boogerballs

Of course I've filled out the TR1 form but I'll sign anther one just in case!

Thanks for the reply, hopefully I'll need a full VAT number at some point in the future.

mrawkward

boogerballs wrote: »

Of course I've filled out the TR1 form but I'll sign anther one just in case!

Thanks for the reply, hopefully I'll need a full VAT number at some point in the future.

Dont bother filling it out again, might cause unwanted attention

boogerballs

Probably the best approach !