A Lot of Business Questions...

Discussion in 'General Shop Talk' started by Anubis, May 2, 2009.

  1. Anubis

    Anubis TPF Noob!

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    Further to my last post about selling on eBay, I have signed up for accounts with istockphoto.com and 123rf.com.

    But reading up it looks to be more trouble than it is worth as I obviously need to declare any income I receive for tax, so I have a few questions.

    1. Since I am already employed in a different industry and only selling images as an aside to my hobby, do I really need to declare myself "self-employed"?

    2. How does being self employed affect my bills for my home (since it would technically be my place of business)? Do I have to pay business rates for energy/water/waste etc?

    3. Do I need to declare to my car insurance company that I am a "company director"? (I'm sure this would push the price up!)

    It all seems a bit complicated and I'm having second thoughts if it will be as much hassle as that.

    Any advice much appreciated!

    A.
     
  2. KmH

    KmH Helping photographers learn to fish Supporting Member

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    1. Check with the proper govenmental department in your country.
    2. Check with the proper govenmental department in your country.
    3. Check with the your vehicle insurance agent.
     

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