Join Multiplay

Results 1 to 2 of 2
  1. #1

    Join Date
    Apr 2018
    Posts
    1
    Thumbs Up
    Received: 0
    Given: 0

    Question "Reselling" multiplay servers - liable to tax on money I get?

    Hey! I'm new to the forums so please bear with

    I rent and manage multiplay servers for 'clients' who aren't particularly technically inclined. I make some extra money from this and I'm just intrigued - does this affect my income tax, or count as taxable income? I work part time as I'm a student, so very close to going over the the personal allowance amount according to this salary calculator ( income-tax.co.uk ). Do I need to do anything about this? Hoping someone else does something similar, whether with multiplay or not, and can lend some advice

    Thanks!

    0 Not allowed!

  2. #2
    Classy Spycrab Troll Hero Henners's Avatar
    Join Date
    Aug 2005
    Posts
    2,148
    Thumbs Up
    Received: 1,717
    Given: 219
    Bizarre business aside (and god knows what the terms and conditions on renting servers are as to whether this is even permitted), it sounds like you are conducting a business and making income from it, so yes you should get professional advice about whether you need to be declaring this and filling out a tax return etc.

    0 Not allowed!
    My views are extremely unlikely to coincide exactly with those of MPUK.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 3
    Last Post: 18th April 2011, 18:41
  2. Unable to get SATA "II" speed
    By Jez_Gafys in forum General Chat
    Replies: 34
    Last Post: 8th August 2007, 19:55

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Multiplay
© 2015 Multiplay
Terms & Conditions | Privacy Policy | Support
Contact Us | All rights reserved