How to Fill in Your Google AdSense Tax Form As a UK Limited Company

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  • Опубликовано: 30 июл 2024
  • In this video aimed at RUclips content creators, Sam shows you how he filled in the tax form to avoid the 30% tax Google can take from your AdSense earnings.
    If you're a UK limited company, this video will show you how to fill in the form using default options. Without the correct tax information, Google will hold on to 30% of your earnings to allow for tax. If you can, fill in this form as soon as you begin monetizing.
    ** Disclaimer: this is not meant as legal, financial, or tax advice and we will not be responsible should you fill in your form incorrectly. This video is merely guidance so please check with your accountant or tax advisor prior to completing this form and take professional advice.
    ❌ Was something in this video incorrect? Then please let us know so we can fix it and help others needing to fill in this form. Thank you.
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    Please LIKE & SUBSCRIBE to see more videos like this. We welcome your comments and feedback, so if you have any suggestions for subjects you'd like us to cover, please get in touch.
    Thank you for watching.
    Website: www.championsofthetrade.com
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    #adsense #taxinfo #limitedcompany

Комментарии • 67

  • @RachelChapmanWildlife
    @RachelChapmanWildlife 7 месяцев назад +3

    You are a complete superstar! I was stumped by the form, but having watched your video it was done in 5 minutes and I can now start to receive my ad revenue payments. I can't thank you enough, you've saved me probably hours of research :)

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  7 месяцев назад +1

      Brilliant, so pleased to hear this helped you and thanks for letting us know. It's not easy navigating these forms, is it? Even with their guidance, it can still be unclear. We hope your ad revenue is now flowing in🙂

  • @AlistairBeasley
    @AlistairBeasley 4 месяца назад

    Thank you for this video, super helpful. Good luck with your channel!

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  4 месяца назад

      Thank you, Alistair, so pleased to hear this helped you. All the best with your channel too 👌

  • @mohammedbenmoussa5969
    @mohammedbenmoussa5969 7 месяцев назад

    Thank you so much for this video that was so helpful. I went through this by myself and lost so much time. I could have just watched your video.

  • @FifePropertiesTV
    @FifePropertiesTV Месяц назад +1

    Thank you. I'm a lot further forward than I was and submitted the form awaiting verification

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  Месяц назад

      Glad we could help.

    • @FifePropertiesTV
      @FifePropertiesTV Месяц назад

      @@ChampionsOfTheTrade my name on my profile doesn't match my tax form. Do you know how to deal with this?

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  Месяц назад

      @@FifePropertiesTV Our names are different too, as we input the name of our limited company, which is different. This wasn't an issue for us.

  • @Q26Video
    @Q26Video 5 месяцев назад +1

    Brilliant, thank you!

  • @adamdavies6277
    @adamdavies6277 5 месяцев назад

    This video really helped me out, thanks 👍👍👍

  • @OutAndAbout-UK
    @OutAndAbout-UK 7 месяцев назад

    Thanks for the help 👍

  • @CraftyLoops
    @CraftyLoops 7 месяцев назад +6

    I'm so confused now. I'm a UK resident and classed as an individual on AdSense. Just checked my AdSense and it's now asking for Tax information because we get paid through AdSense Ireland. They're asking for a tax residency certification or tax payer ID card for the "individual" listing. Do people in the UK even have these types of things because if so, I've never seen it come through in my letter box? Lol...I'm perplexed as to what I should do and there are practically NO videos on YT about it. Eek! Lee :)

    • @londontamilbro
      @londontamilbro 7 месяцев назад +1

      I'm facing the same situation. Do they accept Permanent residency card? I mean BRP

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  7 месяцев назад +2

      It is confusing... I am wondering if, where it asks for the tax payer ID, you could enter your personal UTR from HMRC?

    • @CraftyLoops
      @CraftyLoops 7 месяцев назад

      I was actually going to do that but had read a thread on Reddit where someone else did that and it wasn't accepted and they then had their payment frozen until they provided the proper information. So I am reticent to try this myself. In any case, I appear to be getting my AdSense this month without filling in any information. But I am sure that won't last for long and they'll probably insist on the documents soon. @@ChampionsOfTheTrade

    • @RetroPlus
      @RetroPlus Месяц назад

      I'm in this exact situation

  • @FoodwithMae
    @FoodwithMae 5 месяцев назад +1

    Thank you fr the video it helped a lot. Now What do I do with the Ireland tax thingy?

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  5 месяцев назад

      Really glad this helped you. Is your company based in Ireland?

  • @ChandniVlogs
    @ChandniVlogs 6 месяцев назад +1

    DBA is for limited companies too. My form got rejected over and over again until I selected that and then put my entity as the name and me as the DBA.

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  6 месяцев назад

      Thanks for letting us know! Ours went straight through without needing to tick it... this is not a straightforward system to navigate. Is your account sorted out now?

  • @WeeWalks
    @WeeWalks 8 месяцев назад +1

    I just noticed that there is a new form for me to fill in for Ireland. It appears when I click on the old adsense payments page. Do you know if we would be exempt from tax for payments from Ireland?

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  8 месяцев назад

      I would assume that would be the case for Northern Ireland as it's part of Britain. But I would double check. Southern Ireland is still part of Europe. But please double check.

    • @WeeWalks
      @WeeWalks 8 месяцев назад

      @@ChampionsOfTheTrade Do you not see the same message if you look at your old adsense page? Go to 'payments info' then click the drop down at the top and click on your old adsense page.

  • @crlclssic
    @crlclssic 7 месяцев назад +1

    hey hope you don't mind me asking, I started posted videos last month on a channel and it has blown up, Thing is i really don't understand any of this side of the stuff lol so this has been a great help! But I got to the "check your limited company name" at 1:56 and I am now thinking oh wait do I need to set up my youtube channel as a business? That might be a stupid question but i did say I don't understand haha I'm just a guy with a camera LOL. Thank you

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  7 месяцев назад

      That's a good question! I don't believe you need to set up your channel as a business, but if you monetise, you will need to declare the income on top of any other earnings through your SATR.
      We're working as a limited company (as you know from the video) so would offset any costs of camera equipment etc against income. Whether you can do this as an individual, I would not be able to say from first-hand experience, but would assume you would need to register with HMRC as a sole trader to do this.
      The fella in this video fills in his form as an individual, which might be helpful to you: ruclips.net/video/behXMLz2Y8k/видео.html
      Please let me know how you get on.

  • @user-fn4ej2fl9p
    @user-fn4ej2fl9p 7 месяцев назад +3

    Is it normal for google adsense to ask for US and Ireland tax information even though my company is registered in the UK. Does every account get asked this?

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  7 месяцев назад

      I'm not sure about Ireland tax information, but we certainly got asked about US tax and had to fill in quite a bit of info.

  • @arthurferrari2429
    @arthurferrari2429 5 месяцев назад +1

    As a limited company owner in the UK, I'm curious if Adsense royalties are subject to corporation tax, even when the revenue originates outside the UK. My understanding is that companies generally don't pay income tax on foreign sales. Is this accurate? Would I only be liable for taxes on royalties generated from within the UK Adsense, or are there other factors to consider? While I understand you're not a financial advisor, I'd be interested in hearing your perspective and any relevant experiences from being part of the RUclips Partner Program as a Limited Company (Ltd).

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  5 месяцев назад

      That's a really good question! We only started earning from Adsense in August and have not reached the end of our tax year, so I'm not able to give you a reply from personal experience. However, I can't imagine that we would not have to pay corporation tax on Adsense earnings. I'm hoping to bring an accountant on the podcast soon, so I'll see what I can find out. If you find out in the meantime, please let us know.

  • @tidmouthmilk12
    @tidmouthmilk12 25 дней назад

    Thanks for this, had to go through a bit of a faff with HMRC to get a UTR but I got there in the end.
    One thing that's come up on my end is I'm also getting asked for Irish residency info (even though I do not currently, nor have I ever lived in Ireland) Anyone got any clue how I can get rid of that or go through the form without the non-existent paperwork it's wanting?

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  23 дня назад

      Sorry we can't help you with this one. It isn't something we have come across before.

  • @ThePhobicFlyer
    @ThePhobicFlyer 6 месяцев назад

    Thanks for this. I've just had a "Some additional documents are required to verify your tax information. This may be because the document that you have submitted is not a type that we accept or it has expired." notification come up. It doesn't say what it's for but I have a approved W-8 BEN-E which expires on the 31/12/26 and an Accepted Tax Info for Ireland which never expires. I have no idea what this new one is for. The help is so poor. I do have the option to delete so I may just do that :(

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  6 месяцев назад +1

      Did you get yours sorted? If I remember correctly, I think I had to upload a copy of our VAT certificate or Companies House certificate of incorporation. It's really not a straightforward process, is it?

    • @ThePhobicFlyer
      @ThePhobicFlyer 6 месяцев назад +1

      @@ChampionsOfTheTrade I have a Proof Of Residency for the Irish revenue issued by HMRC in November so I’ve uploaded that. It’s a really poor customer experience and there is no one to speak to. Hopefully this will sort it now although it doesn’t actually tell me what it’s for. It’s still in review. 👍

    • @ThePhobicFlyer
      @ThePhobicFlyer 5 месяцев назад +1

      @@ChampionsOfTheTrade Just had my third request for tax info and have submitted my VAT Cert dated last week and that's just been rejected stating it's out of date. I have USA and Ireland approved and I'm wondering if this is for Singapore as I haven't submitted that, but it doesn't say which country. I am now closing my Ltd Co (IR35) and I cannot close my AdSense account as my payments are on hold. Crazy.

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  5 месяцев назад +1

      @ThePhobicFlyer We feel your pain!! Hope you get this sorted out one way or another. If you close your limited company, can you submit and get paid to you as an individual?

    • @ThePhobicFlyer
      @ThePhobicFlyer 5 месяцев назад

      @@ChampionsOfTheTrade thanks nope as I cannot close the account as they are withholding payment. Classic catch 22

  • @luvtwice3687
    @luvtwice3687 5 месяцев назад

    i cant connect my youtube channel with adsense. I didnt enter my tax informations in Ireland, is that why?

  • @pacificbase
    @pacificbase 6 месяцев назад +1

    THEY TOOK 30 % FOR THE LAST 3 YEARS - DO YOU THINK THEY WILL GIVE ME THOSE MONEY BACK ?
    I JUST SUBMITTED THE NEW TAX INFO FOR ZERO % TAX.
    THANKS SO MUCH FOR THIS VIDEO

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  6 месяцев назад +1

      Glad you found this helpful. If you need to claim the tax back, I'd suggest getting an account to help you with it. Once you've paid tax, the Revenue never likes returning it. Good luck with it.

  • @pacificbase
    @pacificbase 5 месяцев назад

    they have asked residency tax - i sent them but they said they are no good.
    they want to tax me in Ireland - i live in England.
    i don't know what papers they want. My accountant does not know neither
    there is no info anywhere

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  5 месяцев назад

      Are you able to go back into your application and amend it? Just wondering if there was something in there that you might be able to change to make it work?

  • @yasserbakr8492
    @yasserbakr8492 9 месяцев назад

    Should you provide VAT number or UTR only? Thank you very much.

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  9 месяцев назад +1

      You just need your UTR number, because this is used for income by HMRC.

    • @yasserbakr8492
      @yasserbakr8492 9 месяцев назад

      Thank you. Final Question, what bank do you use to receive AdSense payments? (Company account)@@ChampionsOfTheTrade

  • @Studio-RA
    @Studio-RA Месяц назад +1

    what about tax residency info? What can you upload? To help Google determine our withholding and reporting requirements, upload a document that proves your tax residency

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  Месяц назад

      We used our Companies House registration certificate. Please let us know if this works for you.

    • @Studio-RA
      @Studio-RA Месяц назад

      That's interesting. I tried that and it didn't work. Did you upload articles of association

    • @Studio-RA
      @Studio-RA Месяц назад +1

      Maybe I should register the account under company name and try it all again. Maybe I used personal .. and will try this once again

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  Месяц назад

      @@Studio-RA Yes, the account should be under your limited company name.

    • @Studio-RA
      @Studio-RA Месяц назад

      @@ChampionsOfTheTrade you are a super star ⭐ thank you for your wonderful work

  • @yasserbakr8492
    @yasserbakr8492 9 месяцев назад

    What documents does adsense require for UK ltd verficiation? As a non uk owner.

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  9 месяцев назад

      You need to be registered in the UK, AdSense has different rules depending upon the country you're in/pay tax to.

    • @yasserbakr8492
      @yasserbakr8492 9 месяцев назад

      @@ChampionsOfTheTrade Yes. I have ltd registered in Uk. But I’m asking if Adsense will require any personal documents for verification? Thank you.

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  9 месяцев назад

      @@yasserbakr8492 All the answers are in the video. 👍

    • @yasserbakr8492
      @yasserbakr8492 9 месяцев назад

      @@ChampionsOfTheTrade The video shows the steps for tax form only. I need to know if they require any personal documents for Adsense account verification/pin verification? Thank you.

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  9 месяцев назад

      Sorry I misunderstood, you need to give a valid address, which they check. But you don't need to send them anything... If I recall correctly.

  • @0xxHarrietxx0-RBLX
    @0xxHarrietxx0-RBLX 2 месяца назад

    Why wouldn’t you put individual? Could you just put individual and not have a company?

    • @ChampionsOfTheTrade
      @ChampionsOfTheTrade  2 месяца назад

      The video is showing how to fill the form in as a limited company. Not as an individual.