Any British Paysite owners out there? - GoFuckYourself.com

Probono · 11-29-2002, 04:25 PM

We are going to start taking payment in the UK and I wonder what the tax issues aryone are going to be? Anyone have any ideas?

cheekycherry · 11-29-2002, 04:29 PM

Get a GOOD accountant, tax is gonna fuck you!

heymatty · 11-29-2002, 04:41 PM

If you email Richard from Richard's realm / adultcontent.co.uk I imagine he can recommend a good tax lawyer / accountant.

Probono · 11-29-2002, 05:23 PM

Quote:

Originally posted by heymatty
If you email Richard from Richard's realm / adultcontent.co.uk I imagine he can recommend a good tax lawyer / accountant.

Thank you. Not a pleasant thought, paying taxes to another government just to be able to accept funds from UK debit cards. I think I need another option.

s9ann0 · 11-29-2002, 05:36 PM

u'll have to pay VAT I guess, if you don't customs and excise will be on your case

gothweb · 11-29-2002, 05:47 PM

Dude, don't do it!

Any US biller can take UK debit/credit cards! Most people here have a MC/Visa card, which you can already accept, and MC/Visa both handle currency conversions seamlessly. I just have a link to "international pricing equivalents" on my signup info page... I think UK customers are like a third of our sales now, with prices charged in dollars.

Kat - Fast · 11-29-2002, 05:50 PM

Yup - listen to gothweb.

I do all my online purchase with a visa debit card (or thru paypal which takes the money off the same card).

Probono · 11-29-2002, 05:51 PM

Quote:

Originally posted by gothweb
Dude, don't do it!

Any US biller can take UK debit/credit cards! Most people here have a MC/Visa card, which you can already accept, and MC/Visa both handle currency conversions seamlessly. I just have a link to "international pricing equivalents" on my signup info page... I think UK customers are like a third of our sales now, with prices charged in dollars.

We were looking at accepting non Visa debit cards; Switch, Delta and Solo through a company in the UK, they require a UK bank account.

EscortBiz · 11-29-2002, 05:52 PM

Quote:

Originally posted by Probono
We are going to start taking payment in the UK and I wonder what the tax issues aryone are going to be? Anyone have any ideas?

avoid at all costs, use a standard us biller

Kat - Fast · 11-29-2002, 06:10 PM

Quote:

Originally posted by Probono

We were looking at accepting non Visa debit cards; Switch, Delta and Solo through a company in the UK, they require a UK bank account.

Most UK banks can legally set you up with an Isle of Mann account specifically to avoid Taxman. Last time I looked it required an initial deposit of £750 to open the account (I checked Abbey National and Nationwide)

Probono · 11-29-2002, 06:13 PM

Quote:

Originally posted by Kat

Most UK banks can legally set you up with an Isle of Mann account specifically to avoid Taxman. Last time I looked it required an initial deposit of £750 to open the account (I checked Abbey National and Nationwide)

Thank you. I will explore that option

Kat - Fast · 11-29-2002, 06:16 PM

Quote:

Originally posted by Probono

Thank you. I will explore that option

If there are any answers you can't get from them online contact me and I'll call in the local branches

Probono · 11-29-2002, 06:21 PM

Quote:

Originally posted by Kat

If there are any answers you can't get from them online contact me and I'll call in the local branches

Thank you please drop me your email address.

[email protected]

11-29-2002, 04:25 PM	#1
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	Any British Paysite owners out there? We are going to start taking payment in the UK and I wonder what the tax issues aryone are going to be? Anyone have any ideas?

11-29-2002, 04:41 PM	#3
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	If you email Richard from Richard's realm / adultcontent.co.uk I imagine he can recommend a good tax lawyer / accountant. __________________ Cashlantis ~ Black Book Cash

11-29-2002, 05:47 PM	#6
gothweb Confirmed User Join Date: Jun 2002 Location: Back in the USSA Posts: 8,849	Dude, don't do it! Any US biller can take UK debit/credit cards! Most people here have a MC/Visa card, which you can already accept, and MC/Visa both handle currency conversions seamlessly. I just have a link to "international pricing equivalents" on my signup info page... I think UK customers are like a third of our sales now, with prices charged in dollars. __________________ Photos by Ian X.: Distinctive photos of goth babes. Blood Money:Your traffic, my sites, our money. MojoHost: Still the best.

11-29-2002, 04:29 PM	#2
cheekycherry Confirmed User Join Date: Feb 2002 Location: N/A Posts: 1,703	Get a GOOD accountant, tax is gonna fuck you!

11-29-2002, 05:36 PM	#5
s9ann0 Confirmed User Join Date: Sep 2001 Location: Boston Posts: 4,873	u'll have to pay VAT I guess, if you don't customs and excise will be on your case

11-29-2002, 05:50 PM	#7
Kat - Fast Confirmed User Join Date: Feb 2001 Location: The bushes behind your house Posts: 2,303	Yup - listen to gothweb. I do all my online purchase with a visa debit card (or thru paypal which takes the money off the same card).