Hi Everyone,
(Hope this is the correct thread)
I am signing up to an individual developers licence in the UK. I have been coding many years now but within companies and joint ventures.
Now as I have wanted to go alone and test the market with my apps, a few questions have been popping up.
1). How do I pay tax as an individual, self assessment as a sole proprietor?
2). Do Apple pay you where tax is already calculated and then it simply needs declaring, or will I be taxed again from HMRC?
3). Can I then forward some profit onto other people who might potentially work with me?
Sorry for being vague on the matter, I have always been working under particular companies and never had this exposure, however this is the route i want to take so trying to find answers.
Hope you can help!
(Hope this is the correct thread)
I am signing up to an individual developers licence in the UK. I have been coding many years now but within companies and joint ventures.
Now as I have wanted to go alone and test the market with my apps, a few questions have been popping up.
1). How do I pay tax as an individual, self assessment as a sole proprietor?
2). Do Apple pay you where tax is already calculated and then it simply needs declaring, or will I be taxed again from HMRC?
3). Can I then forward some profit onto other people who might potentially work with me?
Sorry for being vague on the matter, I have always been working under particular companies and never had this exposure, however this is the route i want to take so trying to find answers.
Hope you can help!
