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General Chat Thread, Selling a Website Design in General; ...
  1. #16

    powdarrmonkey's Avatar
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    Quote Originally Posted by jsnetman View Post
    I know it is illegal to not declare earnings and I applaud the guy for wanting to do it right, but selling one website for 100 is like you say not even putting him in a taxable situation. Lets face it companies big and small will do anything to evade tax legally and sometimes illegally.
    The revenue have been pursuing small (£100-£1000) dodgers extremely aggressively in the last 18 months.

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    Ben-BSH (26th May 2010)

  3. #17
    jsnetman's Avatar
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    The revenue have been pursuing small (£100-£1000) dodgers extremely aggressively in the last 18 months.
    Can you substantiate this comment.

  4. #18

    powdarrmonkey's Avatar
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    Quote Originally Posted by jsnetman View Post
    Can you substantiate this comment.
    Yes. I come from accounting stock, and I understand the level of formal enquiries into the lower brackets has increased substantially in that period. However, I don't have precise figures to hand (so I suppose you could call this anecdotal).

  5. #19
    jsnetman's Avatar
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    Another angle to take especially if they are a friend is just for them to give you £100 as a gift, gifts are not taxable (unless you are trying to avoid death duties and are in great amounts), you can still draw up some sort of contract but don't bill the friend for the website. Fair enough later when you are doing it for clients then by all means declare it.
    Last edited by jsnetman; 26th May 2010 at 12:03 AM.

  6. #20
    RingOfFlame's Avatar
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    Quote Originally Posted by powdarrmonkey View Post
    The revenue have been pursuing small (£100-£1000) dodgers extremely aggressively in the last 18 months.
    Citation needed.

  7. #21
    jsnetman's Avatar
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    I suppose being from bean counter stock you adopt some sort of need to declare anything you earn, but as it happens two fairly close acquaitances both of bean counter fraternity have been struck off for tax evasion, or as it is better known cooking the books.
    Last edited by jsnetman; 26th May 2010 at 12:21 AM.

  8. #22

    powdarrmonkey's Avatar
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    I don't understand what you're trying to say. Struck off what?

  9. #23
    jsnetman's Avatar
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    Not allowed to be a practitioner in accountancy, thats what I mean. Similar to this:

    http://news.bbc.co.uk/1/hi/england/london/8308685.stm
    Last edited by jsnetman; 26th May 2010 at 12:39 AM.

  10. #24

    powdarrmonkey's Avatar
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    I still don't understand what you're saying. I'd have thought that would make you more cautious, not less.

  11. #25
    jsnetman's Avatar
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    All I am saying is that 100 quid declaration to the taxman is laughable, it would probaly cost more in man hours and paperwork to process it, I am not in favour, especially of politicians and big businesses of evading tax and we are talking big sums here. Joe Bloggs making an earner here or there does not come into the equation.

    And ever since tax collection came about there has been a black market economy where people will deal without the taxman knowing. For someone to use their skills to earn an extra few quid is hardly a major crime. Granted if this grows into a regular and substantive income it should be declared, or else they risk the wrath of the taxman.

    Just one more point, my technician offered to do the school disco and charged £120, the school paid out of petty cash. Being a good citizen he phoned the tax office they told him not to bother unless it was a regular income.
    Last edited by jsnetman; 26th May 2010 at 01:31 AM.

  12. #26
    Ben-BSH's Avatar
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    if im honest, even if i was going to be paid £1, £100, or more, i would want to make it legal, im just that kinda guy, i always ensure i correct people if they give me too much change etc, always have lived that way, and its what makes me happy

    i am going to make a phone call to the Taxman today, to explain what is happening, and explain it is very erratic and not definite income, therefore what should i do, get it from the horses mouth as such.

    see, its a very hard one, because this may just be a bit of fun, and odd jobs for people on the side of work, but i am still offering website design via my site, even though i know its not going to get much traffic, if any at all. but it could all take off, which i hope it does, i would love to get into digital art further down the line. i was just hoping mr taxman would make it as easy as possible for me to be a good boy!

  13. #27
    ICT_GUY's Avatar
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    Quick points,
    You must register as a sole trader within 3 months of starting a business.
    There are standard terms and conditions all over the webs that will cover this. The long and short is to get them to sign off on the project, that is it is finished and bought as is. If they want it modified, then you can charge extra to do so.

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    Ben-BSH (26th May 2010)

  15. #28
    Ben-BSH's Avatar
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    Quote Originally Posted by ICT_GUY View Post
    Quick points,
    You must register as a sole trader within 3 months of starting a business.
    There are standard terms and conditions all over the webs that will cover this. The long and short is to get them to sign off on the project, that is it is finished and bought as is. If they want it modified, then you can charge extra to do so.
    so, even if i only sell one site this entire year? i still need to be a sole trader?

  16. #29
    theeldergeek
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    Quote Originally Posted by jsnetman View Post
    All I am saying is that 100 quid declaration to the taxman is laughable
    Says who?

    From http://news.bbc.co.uk/1/hi/business/7326911.stm

    "The published HMRC performance report shows that the average cost of collection is just over 1p for every pound of tax recovered, which represents a very good "return" on the money spent."

    So it doesn't actually cost the taxman that much to retrieve tax on income.

    There are of course loopholes and/or legitimate reasons why paying tax could be avoided on this supplementary income, but this obviously needs to be done through the correct channels and not via stuffing £100 in your back pocket and saying nothing.
    Last edited by theeldergeek; 26th May 2010 at 09:50 AM.

  17. #30
    theeldergeek
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    Quote Originally Posted by Ben-BSH View Post
    so, even if i only sell one site this entire year? i still need to be a sole trader?
    Yep, if you are going to do it properly, as you seem to want to do. I thought this had been covered in a previous thread?? This is a good place for you to start... HM Revenue & Customs:
    Last edited by theeldergeek; 26th May 2010 at 09:32 AM.



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