Taxes eBay PP, Please share Your Views

[josh]

Hi Guys,

Im still in the process of sorting all my new stealth accounts out, their up and running just got to pass the limits etc... I project that by end of Jan 2012 i will be up and running to pretty much where i was before i got kicked from eBay...

So my question is regarding Taxes...,

i dont have a clue how this would work, if im British (100%), live in Spain, and use Spanish eBay to sell my products.., as time passes i will be using my Spanish accounts to list in the UK (yes this can be done), so my accounts will have a mix of receiving GBP pounds and euros, going into my spanish bank accounts after being withdrawn from PP...

Another point is that if im making less than 6000GBP or whatever the non paying tax threshold is (i know you should still report it), but honestly what do you guys think?

And for those of you who say get an accountant, that would be totally stupid seeing as im not making enough at the moment to even warrant that..

Your view would be highly appreciated, thanks a lot!

[GTB]

if your only makin a few quid,dont

but if you making a decent monthly income,you said it get an accountant

it sounds like you dont need one as of yet but as you start to rake it

defo consider this as you could get in trouble plus it will give you peace of mind and i heard an accountant pays for itself

regards josh lad

not the most techy answer for you but am not a taxman LOL

[josh]

no probs m8 haha, thanks , hopefully be raking it in by Feb, woop! lol

[GTB]

hope so lad

just keep track of your income