Hi,
Does anyone know the tax treatment of domains? I'm particularly interested in the UK tax treatment.
Are they technically assets and subject to capital gains tax?
Should the profits just be registered in your personal tax return?
Or do they constitute casual earnings and you should therefore register as self employed???
I'm puzzled to say the least!
By the way, I'm talking about earnings that are too small to constitute forming a company.
Does anyone know the tax treatment of domains? I'm particularly interested in the UK tax treatment.
Are they technically assets and subject to capital gains tax?
Should the profits just be registered in your personal tax return?
Or do they constitute casual earnings and you should therefore register as self employed???
I'm puzzled to say the least!
By the way, I'm talking about earnings that are too small to constitute forming a company.