UK-Based Porn Site - Tax Question

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  • TwinkCentral
    Registered User
    • Jan 2021
    • 6
    #1

    UK-Based Porn Site - Tax Question

    Hi Guys,

    So I'm building out a tube site at the moment in a niche - I'm by no means expecting it to explode as soon as I launch but I'm trying to be as prepared as possible (site runs ads and affiliate content). I'm based in the UK - what is my best bet tax wise? Is it better to register with HMRC as a sole trader or set up a limited? I work full-time on top of this so I'd rather avoid sole trader if possible as it will mess with my primary job tax code. Also trying to avoid have to back-account everything if it gets to the point where I'm forced to set up a limited.

    Hope this make sense - does anyone else have any experience of this?
    Tags: None
    • celandina
      Too lazy to set a custom title
      • Jun 2006
      • 11725
      #2
      Host the site in USA and fuck the UK taxman

        Comment

        • Tubevideditor
          Confirmed User
          • Sep 2013
          • 352
          #3
          Originally posted by celandina
          Host the site in USA and fuck the UK taxman
          Don't take this advice - where you host makes NO difference to your taxes.
          Your income is not sent to your host overseas

            Comment

            • redwhiteandblue
              Bollocks
              • Jun 2007
              • 2785
              #4
              As I recall there's some amount you can earn and declare as extra income without having to actually become self employed. I wouldn't go down the ltd co route until you know how much you're making.
              Interserver unmanaged AMD Ryzen servers from $73.00

                Comment

                • TwinkCentral
                  Registered User
                  • Jan 2021
                  • 6
                  #5
                  Thanks guys sounds advice - and haha I won't be going down the fuck the taxman route don't worry!

                    Comment

                    • NatalieK
                      Natalie K
                      • Apr 2010
                      • 19832
                      #6
                      before worrying about tax, although, a second income won´t effect your tax too much, it´s added to your first and then you just pay the tax as usual...


                      but go into your site and make your uploads either 403 forbidden or put an index page in there with a link going to your main page...

                      https://twinkcentral.com/wp-content/uploads/

                      it´s open atm
                      My official site / Custom vids / Make money links / First time girls
                      Email: [email protected] - "Converting traffic into income since 2005"

                        Comment

                        • csnmf
                          Registered User
                          • Nov 2020
                          • 54
                          #7
                          Originally posted by celandina
                          Host the site in USA and fuck the UK taxman
                          As mentioned already, this is not true.

                          In your case, read this gov.uk/set-up-sole-trader

                          gov.uk should be your primary source of info on tax issues as obviously its the official site.

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