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Im 14 years old, What do i need to do?


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Right, well im 14 years old as some of you already know. Ive been running an Ebay businees for a few months now. Right what do i need to do? My dad is signed up for self employed. And whats the legal age to run a business ?? ?

Thanks
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Reply With Quote Old 06-11-2009, 11:09 PM



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Originally Posted by Rala Clothing View Post
Right, well im 14 years old as some of you already know. Ive been running an Ebay businees for a few months now. Right what do i need to do? My dad is signed up for self employed. And whats the legal age to run a business ?? ?

Thanks
Get your dad to talk to someone at the tax office, they will give you all the info you need and they're
usually very helpful.

Good luck
Andy
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Reply With Quote Old 06-11-2009, 11:18 PM



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really? wouldn't they have a problem with it ?
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Reply With Quote Old 06-11-2009, 11:33 PM



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18 to be a registered business owner isnt it?

For legal reasons id think, Look at that thread with jake bevon at 17?!
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Reply With Quote Old 06-11-2009, 11:36 PM



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There is no age limit where the government can tax you on your income. So sureley you can be a soletrader or something at 14?

Jed
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Reply With Quote Old 07-11-2009, 08:24 AM



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ok, so what do i have to do to be a soletrader?
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Reply With Quote Old 07-11-2009, 09:40 PM



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Follow this link:

http://www.hmrc.gov.uk/selfemployed/...f-employed.htm
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Reply With Quote Old 07-11-2009, 09:42 PM



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You need to be over 16, because it is the law that you should be in full time education upto that point. After that point you can register as self employed using HMRC online registration pages.

If you need any more help give me a shout!
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Reply With Quote Old 07-11-2009, 09:42 PM



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I'm sure you can register as being self-employed prior to 16, you must be 18 thought to be a company director.
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Reply With Quote Old 07-11-2009, 09:52 PM



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You cant be self employed whilst in full time education
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Reply With Quote Old 07-11-2009, 10:17 PM

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