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  #1  
Old May 26, 2013, 08:39 AM
sharong
 
Posts: n/a
Default Should I pay tax?

I own several online business which focus in the UK market. My business is not in the UK or in the European union jurisdiction. My question is: are there any taxes I need to pay? should I add the vat to the products my users are purchasing?

Last edited by Dien Rice : May 26, 2013 at 05:09 PM.
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  #2  
Old May 26, 2013, 11:46 PM
Glenn Glenn is offline
Senior Member
 
Join Date: Oct 2006
Posts: 1,240
Default Here is What Some Mentors are Doing

Dear Sharong,

Find someone you respect who is already doing something
similar to you.

And ASK, "How do you already handle this?"

Generally.

Mentors I know who do a lot of international business will find ONE
Country - the one they live in-citizenship - to pay tax to.

------------
------------
EXCEPT for...Folks who have been Knighted.

People like Sir Richard Branson who have a special Relationship with the UK Government.

Unspoken.

Not written about but OBVIOUS.

Sir Richard has saved The UK Gummn't Billions and Billions.

IS saving them more and more due to his ownership of formerly munny
losing BILLIONS of POUNDS A Year in the red - chains of banks, Health clubs,
Airlines... 500 companies in all.

Branson has turned around TWO MAJOR Railroads in the UK too. Has
negotiated special deals.

Anyway.

Watch what others You Respect are doing and follow them. Usually the
country where you have citizenship will defend you.

Glenn
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  #3  
Old June 2, 2013, 10:49 AM
sharong
 
Posts: n/a
Default Re: Should I pay tax?

Thanks!
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  #4  
Old June 20, 2013, 05:56 AM
bettybam
 
Posts: n/a
Default Re: Should I pay tax?

Quote:
Originally Posted by sharong View Post
I own several online business which focus in the UK market. My business is not in the UK or in the European union jurisdiction. My question is: are there any taxes I need to pay? should I add the vat to the products my users are purchasing?

Hi Sharon,
You don't have to pay Tax in the UK if you are resident of different country. You only need to pay the taxes in your own country,
Best
betty
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  #5  
Old June 20, 2013, 07:13 AM
cash4notes
 
Posts: n/a
Default Re: Should I pay tax?

Quote:
Originally Posted by sharong View Post
I own several online business which focus in the UK market. My business is not in the UK or in the European union jurisdiction. My question is: are there any taxes I need to pay? should I add the vat to the products my users are purchasing?


Check out the Bye Bye Big Brother stuff very eye opening or the
Simon Black newsletter for more up to date info.
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  #6  
Old July 12, 2013, 12:40 PM
LindaC
 
Posts: n/a
Default Re: Should I pay tax?

Hi Sharing,
LindaC here.

If you live in the United States there are two things in life you can expect to deal with:
taxes and death.

That may sound harsh, but its oh so true.

If you live in another country, I don't know if you would be required to pay
taxes.

However, it should not be too difficult to find out.

Just ask any elected official, and they should be able to help you out
or put you in touch with someone that can answer your questions.

Hope this helps.

My Best 2 U,
LindaC
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