Taxes on uploading an application to Windows Phone Marketplace?

August 12th, 2011 | by admin |

Hi, I’m 16, and I am wondering if that I uploaded an application to Windows Marketplace, as an individual and not as a company, would i have to pay any tax?

As i am not 18 or over, I was under the impression that I do not have to pay tax on anything i earn. And as i am not selling as a company, I would not have to pay any taxes a company would.

Thanks in advance.

If you do anything with the intention of going into business and end up making a profit ,tax is payable.

Age is irrelevant.

You probably have a personal allowance each year (not enough info. in your question to confirm whether you do or not) but you only pay tax if the profit is more than the allowances.

Also, watch out for National Insurance!!!

  1. One Response to “Taxes on uploading an application to Windows Phone Marketplace?”

  2. By Arnie G on Aug 13, 2011 | Reply

    If you do anything with the intention of going into business and end up making a profit ,tax is payable.

    Age is irrelevant.

    You probably have a personal allowance each year (not enough info. in your question to confirm whether you do or not) but you only pay tax if the profit is more than the allowances.

    Also, watch out for National Insurance!!!
    References :

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