How to claim earnings for tax purposes?

Discussion in 'General Business' started by matty dread, Aug 20, 2006.

  1. #1
    Does anyone know how much you have to earn from a site before you need to start worrying about claiming for tax purposes? I know that google is taken care of, but what about earnings from other sources such as selling banners, text ads, etc.?

    Is there any benefit to setting up your website as it's own entity for tax purposes?
     
    matty dread, Aug 20, 2006 IP