I don't think that is trading income, so the £1000 trading allowance wouldn't apply. The CGT annual exemption or the personal savings allowance might apply though.
Posts by katrinab
6410 publicly visible posts • joined 6 Aug 2016
Page:
- ← Prev
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72
- 73
- 74
- 75
- 76
- 77
- 78
- 79
- 80
- 81
- 82
- 83
- 84
- 85
- 86
- 87
- 88
- 89
- 90
- 91
- 92
- 93
- 94
- 95
- 96
- 97
- 98
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 123
- 124
- 125
- 126
- 127
- 128
- 129
- Next →
UK tax authority nudges net 'influencers': You may owe us for those OnlyFans feet pics
Monday 20th February 2023 14:51 GMT 
Amazon and Ebay have different rules because they are selling physical goods, not services or electronic goods.
Amazon do also sell electronic goods (mp3 files, Kindle books, streaming services, etc), and the rules there are not different.
OnlyFans is required to charge VAT on the whole subscription. If the subscription is £12. They will take £2 off for VAT and pay that to HMRC, then deduct their commission from what's left, and pay the balance to the creator / influencer.
If you are selling to an EU county, or indeed any other country, then you have to comply with their tax rules.
If it is an OnlyFans creator based in the UK with EU subscribers, then OnlyFans will deduct the appropriate VAT amount in each EU country.
Monday 20th February 2023 11:37 GMT 
If you earn £10,000 from Onlyfans subscriptions or whatever, and that is your only income from the year, you have to fill in a tax return, but your tax bill will be £0, because it is covered by your personal allowance.
That £10,000 is after deducting expenses. The £1,000 trading allowance is before deducting expenses, including the commission that Onlyfans or whoever deducts before sending the money to you. If you go above £1,000 you can either deduct £1,000 as expenses or your actual expenses, depending on what works best for you.
Meta to add verification to Facebook and Insta under scheme that should avoid Twitter's Musk-stakes
If you're struggling to secure email forwarding, it's not you, it's ... the protocols
Tesla's self-driving code may ignore stop signs, act unsafe. Patch coming ... soon
Gen Z lingo and search engines: A Millennial Odyssey
If you have a fan, and want this company to stay in business, bring it to IT now
VMware, Windows 11 shafted by Windows Server 2022
99 year old man says cryptocurrency is for idiots
Thursday 16th February 2023 17:24 GMT
Re: Semiconducters
Yes, but you invest huge amounts of money in the fab, make huge amounts of money selling the latest shiny from it. Then, once the construction cost is paid off, you make moderate amounts of money selling what is now old technology stuff. If you were to build a new 28nm fab today, it just wouldn't be economically viable.
Thunderbird email client is Go for new plumage in July
Taking notes from AWS, Google prepares custom Arm server chips of its own
Not satisfied with Virgin Media and O2 merger, Liberty Global takes 5% Vodafone stake
Tuesday 14th February 2023 18:02 GMT 
I would have thought there was no chance of the Competition Commission allowing that, unless they agree to divest either O2 or Vodafone UK, and either Virgin Media or the fixed-line business of Vodafone UK (I believe that includes City Fibre, which is very definitely a competitor to Virgin).
Maybe it will be like when Vodafone took over Orange, they didn't even attempt to get Orange UK past the Competition Commission, they immediately offered it for sale.
Make Linux safer… or die trying
Tuesday 14th February 2023 17:49 GMT
Re: The problem is desktop components on servers
It is absolutely true that on my hardware, Debian boots in 1 second, FreeBSD boots in 10 seconds, not including POST time.
But while 1 second is a significantly better number than 10 seconds, it doesn't really factor in which operating system I choose to deploy on my server. If it was 20 minutes, like Windows Server 2003 on period-appropriate hardware back when it was current, then I might be a bit more interested.
Tuesday 14th February 2023 17:23 GMT
Re: Pedantic note
The difference with zfs is that if your backup completes without errors, you know[*] you have a perfect copy of the original data on it.
That is not the case with other file-systems.
[*] T&C apply, Only applies if your backup software actually attempts to copy all the data, etc.
However, you can be absolutely sure your backup software won't have written any wrong data due to filesystem corruption.
Tuesday 14th February 2023 17:18 GMT 
zfs is The One True Filesystem, and it is totally understandable why people would want to bring FreeBSD's biggest USP to Linux.
btrfs is a nice idea, but given that it has been around for 13 years, and still isn't ready for production use, I doubt it will ever make it. Probably everyone who needs those sorts of features has been hapilly using zfs for the last decade or so.
Snaps need to be taken round the back and er snapped.
Flatpacks seem to be a perfect exampe of https://xkcd.com/927/
Microsoft's AI Bing also factually wrong, fabricated text during launch demo
Tuesday 14th February 2023 14:45 GMT
Re: My take on "AI"
And the second link is "Bathroom Vanity Units Without Sink"
My main problem is when I search for [name of manufacturer] [part number]
and it gives me other random parts from that manufacturer, and other random parts from other manufacturers that have a part number that looks a bit like the one I supplied.
Tuesday 14th February 2023 12:46 GMT
Re: Hype, Hype and yet more Hype
Actually, I hope the lesson is:
The Chat GPT algorithm is a compiler, and the training data is the code.
If you code is random stuff you scraped off the internet, then you will get random results, just like if you copy/paste random snippets of code from Stack Overflow without checking them first.
Therefore, you need to hire appropriately skilled people to select and curate your training data, just like you need to hire appropriately skilled people to write your Javascript code.
Crypto mixer Sinbad looks uncannily like a remix of North Korea's notorious Blender
Spotted in the wild: Chimera – a Linux that isn't GNU/Linux
Microsoft switches Edge’s PDF reader to pay-to-play Adobe Acrobat
Apple complains UK watchdog wants to make iOS a 'clone' of Android
Bank of England won't call it Britcoin but says digital pound 'likely to be needed in future'
Thursday 9th February 2023 15:16 GMT
Re: Getting to see what I bought
They will know how you responded to a particular price increase/decrease in terms of purchasing decisions even if they don't know what sort of house you live in. And they will be able to correlate that to your other purchasing habits.
Sainsburys Nectar offers seem to be a bit off.
For example, I bought a particular type of sauce. Two weeks later they offered me a discount on it.
I didn't particularly like the sauce, obviously they won't know that; but even if I did, I wouldn't be repurchasing it that quickly. If the offer had shown up in maybe 3 or 4 months time, then had I liked the sauce, then I would have been more likely to respond to the offer.
Glasgow staff form UK's first Apple union after historic vote
Thursday 9th February 2023 15:05 GMT
I've never seen a deep-fried mars bar. I've no doubt if I visited the tourist traps on the Royal Mile, I would find one, but as far as I can see, actual Scottish people don't eat them.
Deep fried bananas (aka banana fritters) are definitely a thing though. Never tried one myself, but I have seen them a lot.
Warning: Microsoft Teams Free (classic) will be gone in 2 months
Wednesday 8th February 2023 23:25 GMT 
I somehow ended up with two different Teams accounts associated with the same email address. One was the Free Teams business, now known as Teams Classic, and the other was Teams Personal, now known as Teams Free. On Windows 11 I have to use different apps to access them. On Mac OS, I can switch between them on the same login.
This was on an account originally set up with Office Live back in the day.
Voice.ai denies claim it violated open source software license requirements
You can run Windows 11 on just 200MB of RAM – but should you?
Transmission FOSS BitTorrent client hits version 4.0
Wednesday 8th February 2023 16:16 GMT
Re: Second hand DVDs are not very cheap in second hand shops
You could always rip them to Jellyfin if you prefer the streaming interface, as I do.
Last time I looked, which admitedly was a long time ago, CDs actually tended to cost more when bought new than DVDs. Even if you compared the CD soundtrack to a movie with a DVD of the movie containing the same sound track with added dialogue and video.
UK PM splits govt department in 4, creates dedicated 'Science and Tech' bit
Take the morning off because Outlook has already
China’s Baidu reveals generative AI chatbot based on language model bigger than GPT-3
Microsoft boffins contemplate equipping Excel with AI
WINE Windows translation layer has matured like a fine... you get the picture
Friday 3rd February 2023 14:12 GMT
Re: Maybe it's time
Ancient versions maybe, but a modern version of Gimp or Darktable will for sure work better than an ancient version of Photoshop or Lightroom.
People can argue about the merits of them vs modern versions of their Adobe equivalents, and the arguments for and against are generally valid.
Page:
- ← Prev
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72
- 73
- 74
- 75
- 76
- 77
- 78
- 79
- 80
- 81
- 82
- 83
- 84
- 85
- 86
- 87
- 88
- 89
- 90
- 91
- 92
- 93
- 94
- 95
- 96
- 97
- 98
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 123
- 124
- 125
- 126
- 127
- 128
- 129
- Next →
Biting the hand that feeds IT
