Matthew Klis
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RE: All income from abroad
Hi. Thank you for your reply. I post content on social media only (Facebook) and they pay me via their monetization program. They pay me in USD $ via their Meta/Facebook Ireland HQ to my bank account in UK. -
All income from abroad
Hi. Im self employed, living in UK. 100% of my income comes from USA companies for online marketing I do for them. They pay me directly to my PayPal or bank. Next year I project to have over £85k income. When I was filling the self assessment this year, there was a question "Is your turnover above £85,000?". Im not sure what to choose next time. If I choose "yes", will this automatically trigger VAT registration? Or I need to ask HMRC for exemption from registration? Please help