Clickbank Questions – Affiliate schemes – tax?
Hi,
Im looking into making some extra money alongside my job, by doing some online marketing, through places such as clickbank. Its affiliate schemes and pay per click adwords etc etc.
Will i have to pay tax on this and how would i go about setting myself up the correct way to sort out tax
Cheers
Best Answer: Hi jesse,
I really think that there is no tax which you will paying.In the internet business your money wil not undergo any assessment of any tax hence no payment of tax.That is the good news about internet business.You can read notes on this site a bout affliate its a free e-book. http://www.your-inforcom.com/freewebpage…
- Any form of income is taxable. If you are getting income from any source other than employment you need to fill in a self-assessment form. Talk to your IR office. Most schemes make you earn a minimum amount before they pay out, so you could declare it when you actually get the cheque.