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Tax on Money Made Online through Surveys in the UK

It is a common misconception that money made online is tax-free. The truth is that you need to pay taxes on all your income, whether it is made in a traditional way or earned online. It is just that at most times the money you make online is less than the 'Personal Allowance'( a small amount earned in a year on which you do not have to pay tax). In this article I'll clear this misconception and provide links to help you gain a deeper insight on the subject. Paying Taxes on Money Made Online Defining Tax Investorwords define the word 'tax' as: “ A fee charged (levied) by a government on a product , income , or activity. ” [ 1] Who has to Pay Tax in the UK? The HM Revenue and Customs (HMRC) website states the criteria for paying taxes in a simple manner: “ If you work in the UK, you will usually have to pay Income Tax and National Insurance on your wages. How much you pay - and how you pay - depends on how much you earn, and wheth...

ONLINE SHOPPING: IT IS NOT WHAT YOU THINK

Love doing your shopping online? Read this before you make your next purchase. The Good Things About Online Shopping I do almost 80-90% of my shopping online especially ever since I have had kids. Why? That is because it is so much easier (and often cheaper) to buy while you are sitting in front of your laptop or using your phone to make a purchase than to drive to the shops with your kids and shop around. Just a click or two and you're done! On the other hand, when you go to the shops you end up spending and buying twice more than what you actually wanted. And of course, if you have kids with you, you are unnecessarily adding more toys and junk food to keep them quiet and let you shop around in peace. It obviously takes much longer too. And the Bad...  So if you're someone like me who loves to do most (if not all) of her shopping online either for the sake of convenience, variety or cost-effectiveness, you'll be annoyed to know that many of your buying decisions...

Making Money Online: Surveys

Another great and one of the easiest ways to earn money online without any qualifications is by filling surveys online. It doesn't pay much but if you take plenty of these surveys, you can earn some extra cash and in some cases, get free samples too. Here's a simple guide to taking surveys online and start earning money immediately, but as always, I'll start with the basics. What are Online Surveys? A number of companies such as Global Test Market, Opinion World, Opinion Outpost, Survey head, Populus Live, Toluna and so many more are there online which offer to register to their websites for free. Once you’ve done that, you are sent invitations to survey opportunities every now and then. These are sent out by big and small companies to get feedback on their products and gather stats about people's choices. Who Can Fill in these Surveys? Anyone can! That's the beauty of it! You do not need any special qualifications or experience to fill out these sur...

MAKING MONEY ONLINE: Build Your Own Website or Blog

Making money online doesn't have to be complicated. You can do it without any experience, starting now. How, you ask? Well, there are lots of ways but this blog post is all about doing it through your own blog or website. What is a Website? Do I really need to tell you? In this technologically advanced world, we all have heard of websites. Haven't we?  While many of us are already aware of the term,  I'm sure there is a bunch of people there who wish to know what a website is before they start making money out of it. So here we go. A website is a collection of different web pages brought together to serve a common purpose. It may contain text, audio, video, graphics, information or may be used to sell certain items. As an example, you can see Amazon is a website. Ebay is another one. All websites have a homepage and several other pages with items or services to sell, help, contact pages and more. They are all combined to give this website its full form a...

Making Money Online: Freelance Work

Who doesn’t want quick and easy money? We all do! With technology on our fingertips, we can use Internet to globally connect with anyone, anywhere. It is the one place where you could start earning money easily in the comfort of your own home and you could literally start doing so today. Freelance work through various websites on the internet helps you achieve this target much more easily. I am a full-time mum and despite having a degree in engineering, I prefer giving quality time to home and family. So, freelance work seems like an ideal choice for me. Writing is something I know I can do and do well, if I dare say so myself. That's why I chose to become a freelance writer, and am very happy with the flexibility and balance it had brough to my life.  I'm writing this blog post today to let you know it isn’t difficult at all to use your talents to make money online (esp. if you can’t spare much time to do a full time job) or if just want to earn some cash on top of you...

Writing on Triond

I’ve been a part of Triond for over three years now and think it’s an excellent platform to make money (or at least get started) if you’ve got some good (well not necessarily good) writing skills or wish to share your own pictures, videos or audios. The best part of being on Triond is there are no boundaries as to how much you have to do or what you have to do. You could do that at your own time and pace.  I surely love to write but as a parent can’t spare much time for it. So I just go on writing whenever I can and when I feel like doing it and on which ever topic I like to. That’s called ‘freedom’ and ‘satisfaction’. It keeps me happy:) In any other profession, you have to do just one thing over and over everyday. At one point of life you want to do something new and different that satisfies your needs. For me, it was Triond that gave me that ‘break’ if you like. I’ve been happy posting my articles here on health and fitness, gardening, food and nutrition, internet, techno...