IF YOU HAVE A SIDE HUSTLE IN THE UK, YOU ARE AT RISK ! LATEST HMRC RULES

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  • Опубликовано: 19 янв 2025

Комментарии • 77

  • @controller8927
    @controller8927 5 дней назад +39

    So UK is now also taxing online. UK is totally BROKE.

    • @Nurse_Mike
      @Nurse_Mike 5 дней назад

      @@controller8927 Hahah. Get ready to be taxes when you poo. 💩 tax can help the environment. 😹

    • @J1991-u6t
      @J1991-u6t 5 дней назад

      If you think about it deep Uk is broke businesses are not doing well .

    • @posjaboateng5556
      @posjaboateng5556 5 дней назад

      UK tax system are thieves

    • @iwilltellyouthetruth46
      @iwilltellyouthetruth46 4 дня назад +4

      🎯 facts

    • @mohayussuf2057
      @mohayussuf2057 4 дня назад +6

      Very broke

  • @raynes1957
    @raynes1957 5 дней назад +10

    Nanelle's Business Acumen!!!! This knowledge that you're dishing out for free. Tax planning and corporate structures. Real gold.

  • @christinetamuno8849
    @christinetamuno8849 2 дня назад +1

    A whole 40% that's ridiculous. How can someone work so hard just to submit 40% what is even left.

  • @londonwildflowerbae
    @londonwildflowerbae 4 дня назад +3

    A good accountant would be able to keep you compliant and on the right track.

  • @ChinenyeEze16
    @ChinenyeEze16 3 дня назад +1

    Thanks for sharing. Na to carry my bag be this o

  • @chukwukamordi250
    @chukwukamordi250 5 дней назад +1

    This is really why I stopped my business on eBay because at this point I did more thank 1k in sales and it looks like I need to register a company before I can do self assessment

  • @trishtrish2349
    @trishtrish2349 5 дней назад +3

    Thanks for the info. BTW love your wigs, Please give me your plug.

    • @NanelleGriselda
      @NanelleGriselda  3 дня назад

      trish send me an email on info.nanelle@gmail .... will forward everything to you

    • @christianaosaigbovo4532
      @christianaosaigbovo4532 3 дня назад

      Hello Nanelle
      Thanks for the info on the new HMRC rules.
      I like your beautiful wig too
      Please permit me to also send you a mail about;
      (1) Your wig
      (2) An information on a previous video.
      Thanks

  • @Nodiville
    @Nodiville 6 дней назад +1

    Hia...this is serious ooh!
    Thanks Nanelle❤

  • @antoinetteagyarko2609
    @antoinetteagyarko2609 5 дней назад +3

    Oh yes, I am not surprised. They sent me a letter for taxing my savings

    • @chinenyeoluka8696
      @chinenyeoluka8696 4 дня назад +2

      Sis really, your savings in an account

    • @J1991-u6t
      @J1991-u6t 3 дня назад

      @@antoinetteagyarko2609 so its true?

    • @antoinetteagyarko2609
      @antoinetteagyarko2609 2 дня назад

      @@chinenyeoluka8696 yes ooh

    • @antoinetteagyarko2609
      @antoinetteagyarko2609 2 дня назад

      Nannelle what do you advise for savings now as this USA is burning like no body else. I listened to your information on SMP 500.

  • @ne8373
    @ne8373 4 дня назад +1

    💎 thank you for the information

  • @fidelisonyejegbu8740
    @fidelisonyejegbu8740 2 дня назад

    Thank you for sharing this, Nanelle! God bless you! On TikTok, while filling out my information as a new creator, they were asking me of VAT information, I told them I am not VAT registered and they allowed me with the little funds I earned on there. I supplied my National insurance number though. Is it okay with the way I did it?

  • @gbemiolaleru
    @gbemiolaleru 5 дней назад +10

    At the end of the day, business people will move elsewhere

  • @Lifewithkaycee
    @Lifewithkaycee 4 дня назад +1

    Hi Nanielle, I love your videos-they're so informative! What editing app do you use?please help your sister.

    • @NanelleGriselda
      @NanelleGriselda  3 дня назад

      when i edit my own videos i use final cut pro but my editor uses adobe

  • @michaelobuseh2505
    @michaelobuseh2505 5 дней назад +2

    I do the survey online and get paid. Do I need to declare?

    • @mauricequeen
      @mauricequeen 5 дней назад +2

      Mine is pls what survey do you don?

    • @elizabethtai-ojuolape3171
      @elizabethtai-ojuolape3171 4 дня назад +2

      @@mauricequeenI was about to ask because I’m yet to do one

    • @NanelleGriselda
      @NanelleGriselda  3 дня назад +1

      complete the form i completed in the video and that will be the best way to know

    • @oksent957
      @oksent957 19 часов назад

      I doubt

  • @amaesin3374
    @amaesin3374 5 дней назад +2

    You’re a Gem🎉

  • @akpesiritebu2576
    @akpesiritebu2576 6 дней назад +2

    If I am trading stock or Forex, does it apply?
    I didn't see any option that is suitable to check stock or forex trade for tax payment on the HRMC check site.

    • @Nurse_Mike
      @Nurse_Mike 5 дней назад +1

      It greatly apply. Trading is under Services.

    • @omotosodiya3811
      @omotosodiya3811 5 дней назад

      ​@Nurse_Mike I think there is amount of profit you can make on forex trading that will attract tax. To make gain on forex takes special grace.

    • @chukwukamordi250
      @chukwukamordi250 3 дня назад +1

      I think you should do your trading with your home country.. more relaxed rules

  • @popoolatoyin3070
    @popoolatoyin3070 4 дня назад +1

    Can people on COS register as sole trader?

    • @yinkaoworu2923
      @yinkaoworu2923 3 дня назад

      It becomes a bit complicated, especially when the earnings are a bit large. 1. Difficult to estimate if you have worked longer than 20 hours/week, 2. Depending on the visa type, you ordinarily can't work in other sectors other than your visa type sector (health & care for instance). So, safe to stay away or allow 'enigbekele' to register. U gerrit?...

    • @popoolatoyin3070
      @popoolatoyin3070 3 дня назад

      @@yinkaoworu2923 Thank you so much

    • @chukwukamordi250
      @chukwukamordi250 3 дня назад

      ​@yinkaoworu2923 i think this rule has been scraped you can do your 20 extra hours with other employees but not sure if you can do business

    • @thandolwenkosincube8476
      @thandolwenkosincube8476 2 дня назад

      @@yinkaoworu2923 can you advice on the engbekele ?

  • @Ric_45
    @Ric_45 4 дня назад +3

    Hmm Uk was thinking of coming to school , I also trade forex … my mind don change 🇺🇸 is better

  • @okoroaformatthew1174
    @okoroaformatthew1174 2 дня назад

    What about forex trading platform… is it to be declared ??

  • @santeernst
    @santeernst 5 дней назад +2

    Oh daabi UK

  • @OlalekanTolulope-k5t
    @OlalekanTolulope-k5t 3 дня назад

    What if I'm paid by revolut

  • @GloriakorantengApiw
    @GloriakorantengApiw 3 дня назад +1

    Eiiiii tax on online hustle tooo hmmmmm...

  • @HustleHiveWithJojo
    @HustleHiveWithJojo 4 дня назад +1

    Is it going to affect those on COS if they sell online? As selling online is not on COS code or something??

  • @AfconWilliams
    @AfconWilliams 5 дней назад +13

    Is UK worth staying in it?
    Isn't Ghana even better ??
    Aaahh am tired of UK

    • @Nurse_Mike
      @Nurse_Mike 5 дней назад +7

      If you’re earning enough to sustain you online, you can move elsewhere. Don’t pay all to one geographical location with high taxation.

    • @ibphysicsclassroom
      @ibphysicsclassroom 5 дней назад +1

      Ghana is better go back talk talk saa

    • @AfconWilliams
      @AfconWilliams 5 дней назад

      @@Nurse_Mike is every true dear. Thank you for the advise

    • @J1991-u6t
      @J1991-u6t 5 дней назад +2

      Been here for a decade ,I feel like UK is no longer worth it

    • @Nurse_Mike
      @Nurse_Mike 5 дней назад

      @ When are you going home? Some people may want to join you board one plane.

  • @pumulopumulo4921
    @pumulopumulo4921 5 дней назад +1

    What about amzazon kdp?

    • @Nurse_Mike
      @Nurse_Mike 5 дней назад +1

      It’s part. You’re selling online.

  • @bantumwaura4231
    @bantumwaura4231 4 дня назад +2

    People make huge sums of money online .
    Why shouldn't they pay taxes on these earnings .

  • @evelynamuesi9584
    @evelynamuesi9584 6 дней назад +7

    UK gov't and taxes

  • @KindNess2203
    @KindNess2203 5 дней назад

    Nanelle 🎉🎉🎉

  • @AbbysStyling
    @AbbysStyling 6 дней назад +1

    If I'm creating hair making content and I'm not earning will I still declare?

    • @NanelleGriselda
      @NanelleGriselda  6 дней назад +3

      if you aren't earning then you don't need to declare

    • @AbbysStyling
      @AbbysStyling 6 дней назад +1

      @NanelleGriselda thank you😍

    • @yemiafini787
      @yemiafini787 5 дней назад

      Nanelle am just loving your hair. Pls link me where to get it

    • @caridadapril
      @caridadapril 5 дней назад

      ​@NanelleGriselda
      Please, give me your lemfi referral link and code.
      Thank you

  • @michellegayle7959
    @michellegayle7959 6 дней назад +2

    O my god

  • @aanuoluwa_O
    @aanuoluwa_O 4 дня назад

    Nawao

  • @oakinyode
    @oakinyode 5 дней назад +3

    What so you mean by:
    1. How mach?
    2. you mast tell hrmc
    3. Incam
    4. Opin
    5. Content Creata
    6. Earning Manny
    ???
    Never mind, I’m a Nigerian, we know ourselves😂
    Take care

  • @GeorgeCy332
    @GeorgeCy332 День назад

    Hello and good afternoon. I hope you are well. Have you got an email I can contact you on in regards to this? Long story short, I am living in the UK and really struggling with living costs and would be super grateful for some help on how to make some money. I would even be willing to do some admin/promotion for your page. Thank You