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Old 06-14-2011, 01:50 AM
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DrumEatDrum DrumEatDrum is offline
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Join Date: Jan 2009
Location: Los Angeles, CA
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Default Re: quick business lesson please :P ?

Originally Posted by Nick G. View Post

also, if im going to be making money off of this, should i have it registered as a business? bearing in mind im 18 and still in full time education so i dont pay tax just yet :)
I'm not sure about the UK, but in the US, if you make more than $600, you are responsible for reporting taxes, regardless of your age.

As for as a website, the "business" option is there because it offers more space, and usually many more features, like a plug to accept credit cards, or such.
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