1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Income from ads - taxed?

Discussion in 'Making Money' started by PaaPs, Nov 4, 2016.

  1. PaaPs

    PaaPs Newbie

    Joined:
    Feb 3, 2015
    Messages:
    9
    Likes Received:
    0
    Hello guys and gals, I know it's probobly a really stupid question, but:
    How is the income that i will gain from affiliate programs taxed?
    I'm from the EU,
    Our vat is 21%, so if I earn 10$ and it's taxed at 21% i get 7,9$, right?
    Must I own a company to legally get the money, or what?
    Is it very dependent on the country?
     
  2. Dresden

    Dresden Regular Member

    Joined:
    Mar 10, 2014
    Messages:
    367
    Likes Received:
    160
    Contact an accountant near your area and ask.
     
  3. blogzandstuff

    blogzandstuff Elite Member

    Joined:
    Jan 1, 2015
    Messages:
    5,143
    Likes Received:
    2,367
    Occupation:
    blog creator
    Location:
    UK
    You need to declare all earnings
     
  4. AceWallGromit

    AceWallGromit Regular Member

    Joined:
    Jul 23, 2016
    Messages:
    340
    Likes Received:
    223
    Location:
    Canada
    Income is income. Earnings are earnings.

    When you do your taxes declare all your earnings and income.

    Paying your taxes keeps the heat off your back and allows you to legitimately complain about how your leaders squander tax money.

    Your accountant can help maximize your deductions, write offs and expenses to minimize taxes.