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Old 27-03-2007, 15:35   #7
Xaccers
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Join Date: Jun 2003
Location: Milling around Milton Keynes
Age: 49
Posts: 12,969
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Re: Google ads and the tax man

Quote:
Originally Posted by Rob View Post
Even if the income is taxable, you should be able to offset the costs incurred - web hosting, any software licencing, design costs and stuff
Well the purpose of the ads would be to aid towards the running costs.
At the moment it's donations.
I just don't want the tax man coming along saying "Hang on you got an extra £100 here that you didn't declare" you know?

I had fun and games with self assesment before and that was on PAYE where thanks to rounding errors I owed the tax man a stonking £1.61 along with threats of a £100 fine (turns out they actually can't fine you more than the tax you owe so it would have been a £1.61 fine, plus interest).
As it is I've got to check with the tax office as I think they've given me the wrong code.
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