Small business

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Small business

Postby kimberlite » Thu May 21, 2009 1:34 am

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Just wondering if anyone has dealt with a similar situation.

I am a Canadian in the UK on a spousal dependent visa. I am permitted to work and have begun a small party plan type business. I'm not making any money yet, it's more of a hobby. We have not given up residency in Canada, and still pay our taxes there.
My question is in regards to my business, do I need to register it in the UK? Do I need to pay taxes in the Uk since it's a business in the UK?
My hubby and I disagree on how to deal with it, and we can't find sufficient information, so hoping someone will have some advice.

Thanks so much!
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Re: Small business

Postby Joanne » Sat May 23, 2009 8:56 am

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Normally you would only pay your Canadian tax on revenues that you earn in Canada (eg: interests earned on savings, house that you rent,etc..)...I assume that you pay your UK employer UK taxes (pay as you earn)....?
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Re: Small business

Postby phi0005 » Mon Jul 06, 2009 4:39 am

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Thanks to gave great information!!!!!!
People need to stay home and raise a family is a key reason this choice is regularly made. Also, people starting up in their own businesses often choose to work from home because it provides a cheaper option.

prohomeincome.com
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