Enjoy unlimited access to all forum features for FREE! Optional upgrade available for extra perks.
Sedo.com

UK Tax on Domain Sales...

Status
Not open for further replies.

devolution

Level 6
Legacy Platinum Member
Joined
May 14, 2002
Messages
600
Reaction score
0
I'm wondering about what to do about Tax issues, as I have some pretty big domain transfers coming up, and am wondering if domain sales are taxable in the UK.

I've never really looked into it, as the domains I've sold previously haven't amounted to that much.

Since domains are 'rented', you are not really selling goods (or a service), just transferring a rental period over to someone. Furthermore, you never really owned anything in the first place, so the domain is 'transient'.

Can any UK legal beagles advise?
 
Status
Not open for further replies.

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Members Online

Sedo - it.com Premiums

IT.com

Premium Members

MariaBuy

Our Mods' Businesses

UrlPick.com

*the exceptional businesses of our esteemed moderators

Top Bottom