07-11-2009, 12:09 AM
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#1
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Join Date: May 2009
Location: England
Posts: 490
iTrader: ( 1)
Thanks: 8
Thanked: 16 Times in 15 Posts
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Im 14 years old, What do i need to do?
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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07-11-2009, 12:18 AM
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#2
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Join Date: Sep 2004
Location: UK
Posts: 545
iTrader: ( 2)
Thanks: 3
Thanked: 35 Times in 34 Posts
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Re: Im 14 years old, What do i need to do?
Quote:
Originally Posted by Rala Clothing
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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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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07-11-2009, 12:33 AM
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#3
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Join Date: May 2009
Location: England
Posts: 490
iTrader: ( 1)
Thanks: 8
Thanked: 16 Times in 15 Posts
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Re: Im 14 years old, What do i need to do?
really? wouldn't they have a problem with it ?
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07-11-2009, 12:36 AM
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#4
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Join Date: Dec 2008
Location: england
Posts: 738
iTrader: ( 2)
Thanks: 19
Thanked: 43 Times in 41 Posts
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Re: Im 14 years old, What do i need to do?
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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07-11-2009, 09:24 AM
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#5
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Join Date: Feb 2009
Location: England
Posts: 1,633
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Thanked: 99 Times in 97 Posts
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Re: Im 14 years old, What do i need to do?
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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07-11-2009, 10:40 PM
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#6
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Join Date: May 2009
Location: England
Posts: 490
iTrader: ( 1)
Thanks: 8
Thanked: 16 Times in 15 Posts
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Re: Im 14 years old, What do i need to do?
ok, so what do i have to do to be a soletrader?
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07-11-2009, 10:42 PM
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#7
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Join Date: Oct 2005
Location: United Kingdom
Posts: 4,186
iTrader: ( 25)
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Thanked: 182 Times in 151 Posts
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Re: Im 14 years old, What do i need to do?
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07-11-2009, 10:42 PM
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#8
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Join Date: Apr 2009
Location: England
Posts: 1,240
iTrader: ( 2)
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Thanked: 66 Times in 64 Posts
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Re: Im 14 years old, What do i need to do?
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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07-11-2009, 10:52 PM
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#9
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Join Date: Dec 2006
Location: Norfolk, UK
Posts: 2,667
iTrader: ( 5)
Thanks: 6
Thanked: 39 Times in 38 Posts
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Re: Im 14 years old, What do i need to do?
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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07-11-2009, 11:17 PM
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#10
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Join Date: Apr 2009
Location: England
Posts: 1,240
iTrader: ( 2)
Thanks: 25
Thanked: 66 Times in 64 Posts
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Re: Im 14 years old, What do i need to do?
You cant be self employed whilst in full time education
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