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Posted Sun, 10 Jul 2022 10:14:54 GMT by youtubeperson
- I have a YouTube channel and I have been earning money since last year (2021/ 2022). - I am able to see how much money my channel has earned in my Google Adsense account. - I decided to delay my payments last year and because of this I was paid less than £1000 into my bank account (2021/2022). - However my YouTube channel earned more than £1000 in 2021/ 2022 if you include the money that was paid into my bank account PLUS the money that was earned by my channel and remains in my Google Adsense account. - The money in my Google Adsense account has been building up since last year and my plan was to receive the money into my bank account soon and then register as self-employed this year (2022/2023) and submit a self assessment form at the appropriate time. - Recently someone mentioned to me that I would in fact have to submit a self assessment tax form for last year (2021/2022) because even though I didn't receive over £1000 into my bank account, my YouTube channel still earned more than £1000. Could you please clarify whether I should submit a self assessment form for last year or not based on this information? I hope it is clear enough to be understood.
Posted Mon, 11 Jul 2022 12:33:10 GMT by HMRC Admin 17

Yes, based on the information you have provided (ie in receipt of self-employed income in excess of £1000) you would be required to
register for self assessment and submit a 2022 tax return.      

See links:

Check if you need to send a Self Assessment tax return   and :

Register for Self Assessment    .

thank you.
Posted Sun, 02 Jul 2023 01:42:49 GMT by Antony
I have a query similar to a previous one. I am already registered for self-assessment due to other foreign income, but I need clarification on the financial year into which the following payment falls. The income in question is derived from GitHub sponsors, which is similar to earnings from a YouTube channel. Some of the sponsorship payments were credited to my Stripe account in the last financial year (2022/23), but I have yet to complete the payout process and, thus, do not have access to the funds yet. Should this income be reported in the 2022/23 self assessment, even if the payout has not yet been processed? Thanks in advance.
Posted Fri, 07 Jul 2023 07:22:19 GMT by HMRC Admin 20
Hi Antony,

This depends on whether you use cash basis or traditional accounting -
Cash basis

Thank you.

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