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Website Advertising and Tax?

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  • 04-07-2008 6:27pm
    #1
    guinnessdrinker
    Closed Accounts Posts: 1,469 ✭✭✭


    Quick question guys.

    If a website is generating income from advertising does it have to pay any taxes on these adverising sales?


Comments

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    #2
    dahamsta
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭dahamsta


    Yes.


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    #3
    Dabko
    Closed Accounts Posts: 575 ✭✭✭Dabko


    not unless you live in the caymen islands, monaco, andora, belize, samoa, dubai, switzerland!:D


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    #4
    LookingFor
    Registered Users Posts: 2,682 ✭✭✭LookingFor


    Would you have to pay VAT as well on ad sales?


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    #5
    Kurttt
    Closed Accounts Posts: 26 ✭Kurttt


    Yes, assuming your registered for VAT and therefore charging VAT.


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    #6
    dahamsta
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭dahamsta


    You charge VAT on ad sales, pay VAT on ad purchases. You can offset one against the other, as per usual.


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