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Need some help with tax?

Discussion in 'Hardware' started by Kymani, Mar 23, 2018.

  1. #1
    Hey all. I've got a question about income tax - I'm a full time student so work part time, but any time I'm not studying or working I run a small computer stop, repairing/refurbishing then reselling old PCs and selling hardware. However this year I'm getting more orders and this calculator ( https://www.income-tax.co.uk/ ) says I will earn more than the personal allowance amount. So my question is: will money I get from the shop count as income? I can't find anything else or anyone else in the same situation as me so really don't know what to do here. Thanks for your help everyone :)
    SEMrush
     
    Kymani, Mar 23, 2018 IP
    SEMrush
  2. directoryman

    directoryman Well-Known Member

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    #2
    Yes it is income. Now you have to pay more income tax, right?
     
    directoryman, Mar 23, 2018 IP
  3. usasportstraining

    usasportstraining Notable Member

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    #3
    Ultimately, you need to speak with a qualified accountant/tax person in your area.
     
    usasportstraining, Mar 24, 2018 IP