Google Adsense & The Nasty Taxman!!

[hvalle98]

Hi there. I have recently joined the AdSense program, so recent I havent received any checks yet. I've heard that the revenue you earn from AdSense can be taxed, (obviously for americans) but I mean in places like the UK. If you dont declare your earnings you can be fined a hefty 100pounds or more. I also heard that it is more efficient to set up your own private company so that you get Business Expenses allowances paid back. What do you guys know about this and what are your opinions?? Thanks come on people, lets hear your thoughts, how much tax do you pay for your adsense earnings? Is it worth the risk of not informing the taxman? Thanks I was wondering a similar question. I now have residence in spain and all the adsense is paid into a spanish account. I have not declare those earnings and not sure if I should while they're still reasonably low. What happens when I go back to South Africa and continue to receive those earnings in Mallorca?How does everyone manage online income?You shouldn't pay anymore tax then the current tax bracket your in every year you file for taxes, if its 10k , 40k, 100k... When you sign up for Adsense you are required to fill out tax information before you can collect any money. goggle files claims for everybody that earns or doesn't earn money. i dont know how it works overseas in the UK but here in the US i wouldn't take that risk of getting audited. ouch...Darrell--Keep moving I rekon! Hence Dodge Croft!i wonder how many people actually do tell the taxman of their google earnings in the UKYou would think that they would have brought in an international tax law to govern tax on the net. I think that the internet is as a free market as could be imagined. Any other opions?In the UK if your earn less than