If you're trading via a website or are involved in other e-commerce activities there are a number of tax planning opportunities available.
In some ways an e-commerce business is taxed just as any other "bricks & mortar" business. However, due to the way in which an online business operates it provides numerous tax planning opportunities, particularly when trading internationally.
By avoiding having a taxable presence in a country (or by maximising deductions where there is such a presence) and given there is usually low or no withholding tax at source, taxes on e-commerce profits can be sheltered effectively.
In this book we look at tax planning for all types of e-commerce businesses - from maximising deductions and deciding whether to use a company, to structuring international e-commerce tax efficiently.
Subjects covered include:
Will you be taxed from your e-commerce activities? Maximising your tax deduction for expenses Employing a spouse or child in your e-commerce business Should you use a company for your e-commerce trade? Why using a company isn't always beneficial Incorporating your e-commerce businesses Paying a salary from your e-commerce company Tax planning for e-book royalties When can an overseas internet operator be within the scope of uk tax? How to avoid having an overseas taxable presence Using an LLP or offshore company for e-commerce trading How and when double tax treaties will impact on your e-commerce trading Holding a website offshore to reduce uk tax Becoming a tax nomad Offshore structures for international e-commerce trading Offshore teleworking and UK tax Changes to the international tax treatment of ecommerce and income from online trading And much more...