You can give PayPal your information, this shouldn't be a problem. It sounds like you fall under the 'individual' or 'sole trader' category.
However, it is your responsibility to pay your taxes! If you earn more than your personal allowance (for whichever country you live in), then you should...
The bottom line is this. You won't make massive amounts of money doing Internet marketing. You may make enough to pay off your debts or quit the day job, and that's fine. But that's pretty much it.
Where you make the money is in the 'business' of Internet marketing i.e. promoting courses...
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