Do you pay tax on SMALL EARNINGS from self employment in the UK? (YouTube, Ebay, Etsy etc.)

As a small business owner who also does YouTube one of the most common things I get asked is whether you have to pay tax on YouTube earnings and also small income from the likes of eBay, Etsy and the like? In this video I'm going to hopefully answer that question! This is specifically for the UK for the 2017/2018 tax year but if you're in a different part of the world it would be interesting to hear things are done where you're from! For more small business and self employment tips don't forget to Like, Share & Subscribe! :-)

Read the full article here: https://smallbusinesstoolbox.uk/small...

Here's the HMRC guidance for tax free allowances on trading and property income:
https://www.gov.uk/guidance/tax-free-...

Also an excellent article here on Accountancy Age that discusses these allowances in more detail:
https://www.accountancyage.com/2017/1...

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