YouTube AdSense - New Tax Requirements!
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- Опубліковано 27 чер 2024
- UA-cam and Google are changing their tax policies for AdSense. This means you could end up paying tax twice if you don’t sort this out! Today I’ll take you through my approach to filling in the relevant forms within AdSense.
Here’s the HMRC internal document I found, good luck making sense of it:
www.gov.uk/hmrc-internal-manu...
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#UA-cam #AdSense #Tax
You've saved my butt so many times. Not many others online talk as much sense as yourself on topics like these. What would I do without you 😂
No worries and keep up the good work on your channel! 👍
You absolute HERO! All videos on this I had found so far were either for non Ltd Companies or people not in the UK. Thank you so much for making this 😀👍
fantastic, you came in clutch again with your video
I'm absolutely bricking it about filling all this in. Sole trader here
Thanks Andy, that was exactly what I was looking for. You saved me making a big mistake as I was filling out the wrong form originally and that would have been a headache. Keep up the good work.
This was extremely useful! I was sat looking at the treaty stuff for about 20 minutes before giving up and coming here! Thank you :D
Thank you for taking the time to put this video together it has been a great help I filled out the form as an individual which was slightly less agro yet still very confusing. Hopefully I have filled everything out correctly. Great channel 👍
Hey thank you! this helped so much, waiting for IRD for hours here in nz or anyone for advice took forever but this YT video saved so much pain. Cheers!
There is no way I would have got through this with your help. Thank you so much. Subbed!
THANK YOU FOR THIS. I have 3 ltd companies and I use the same accountant for the businesses, and he had no idea what to do either! I had a call with him where we shared screens and he was just as baffled as I was. I'll share your video with him in case he has more clients who need help with this!
Over 2 years later and I still found this super useful!
An absolute thank you for this video! No way I could make it without your explanation! Thank you! Really really thank you 🙏🏻💕
Cheers, this was a massive help.
you are amazing! thanks for this it was so confusing!
Oh my god you're a lifesaver thank you so much! Accountants seem to know nothing about this right now 😬
Thank you so much - your explanations were so clear and easy to follow!
Thanks for this. I only noticed it today because my Adsense account was telling me payments where on hold 😲 Think I would have figured most of it out myself except that question on "Limitation of benefits" - thanks for putting in the effort to figure that one out👍
Thanks for this, it was a HUGE help!
I've just passed 1k subs and am totally new to AdSense. This video saved me so much frustration and confusion! Ledge 👊🏻
Thanks so much for your help with this :)
You're an absolute hero Andy.
Fancy seeing you here!
Great video - thank you SO MUCH for doing this, this is precisely what I was looking for
Thank you ,thank you ,thank you million times you helped me a lot 🥰all the best with your channel😊
Thank you so much for this!! I avoided a finance-related meltdown by watching your video :D
Thanks for making this video. A big help!
This is ABSOLUTELY amazing. Thank you so so so much for making this video :-D
Thanks, very useful
Thanks for this 👍🏾
Thank you so much for this! Fingers crossed 🤞
Thank you so much for this video! It helped me out so much 👍
Thanks Andy, really useful!
Thank you so much, it saved me tones of time!
Thank you for this. I have gotten enough info from this than any other videos I’ve seen😅
Thank you so much, I found this video very helpful
Most helpful video on UA-cam. Thank you so much. SUBSCRIBED!
Thanks so much for this, I was about to try on my own before seeing this in my sub box! Will pass on to other creators I know
No worries at all! 👍
Great help, thank you!
Very helpful, thank you so much!
Thank you, I managed to do it with your help👍
Life saver. Thank you so much.
Not a tax expert and haven't done double taxation for a client for a while, but if you do get charged, you can claim it against your UK tax payable, so you shouldn't lose. If you want advice, screen shot the form, phone up HMRC and ask them and send the screen shots if required. They'd rather you paid the tax to them than the US.
Wise words! 👍
You are a legend! Thank you
It’s a lot more straight forward for an individual / sole trader Andy as most of those questions don’t get asked. If I’ve read it correctly as well it’s only potentially taxing for the advertising revenue generated from US based viewing and not all AdSense revenue🤷♂️.
I filled out this form on my own as a self employed individual in March. I thought I did it all correctly, but this month I've just seen I've been charged £838 by US Ch. 3 Tax witholdings. So clearly I did something wrong.
Looking back, I only claimed a 0% rate on article 7 paragraph 1, as that was listed as AdSense. I think that was my mistake, and I needed to claim the other two as well, as the UA-cam partner program falls under article 12 paragraph 1. Hopefully it works this time and I don't get charged again next month.
Anyway, thanks for the great video. I found it very helpful in comparing my form to yours, to see the differences. And your clear communicative style is so much better than other videos on the same subject.
I think that was my mistake too, fingers crossed for next month.
@@CallyLawson Well good luck to you. It's rather ridiculous UA-cam have just left us to figure out this complex process without any real help or guidance.
@@AlexandraEpameinonda Sadly I don't think we'll ever be able to get any money back. All we can do is try to fill out the form correctly so we don't get charged again in the future. It's looking like I haven't been charged this month, so I guess I filled it out correctly.
Thank you for sharing your experience this has helped me set this up the right way! :)
I filled the form out properly and they still took money off me 🤷♀️
Great video thanks for the easy to follow guidance much appreciated👍👍👍👍
Very helpful, thank you mate!
Thank you for this video 👏🏼👏🏼
Thanks for your help on this!! I started my channel as an individual and then created a limited company on GOV UK. i submitted my my tax form as an entity and now just waiting for adsense to review as my channel info didnt match to the info i submitted. Hopefully it all goes well and gets approved in a couple of days. Thanks again for your help :)
Super useful, thank you!
Thanks. I need to do mine soon. Must be a million monetised UA-camrs in the U.K. all scratching their heads at this change.
Yup - I bet a whole load will just ignore it and end up paying tax twice too. 👍😬
hi lurgs, nice to see you here too ;) yep, we are all scratching our heads.
@@CartooonTHAT I filled mine in now, was quite easy
@@LurgsHowToGuides I know how to fill it in. But i kinda wanted to to know. if i dont provide my tax info. will i still receive a monthly deducted earning payout from google. Cause i dont earn that much. its close to pennys. If the answer is yes. i am quite happy to allow them to deduct my earnings. i'll just earn less. but if it stop my payouts altogether. Then thats another situation.
@@CartooonTHAT if you don’t fill it in they will take 24-30% whatever. If you do fill it in then as a UK resident it should be 0% to pay or substantially less. Only 2 things certain in life, death and taxes!
Cheers Andy really helpful
Cheers Andy. I watched this and realised that I had completed mine wrong (I clicked no instead of yes about the tax treaty!) so you saved my bacon!
No worries Keith! Honestly, it's worded so badly I had to re-read a lot of it to get my head around it. Hope you and yours are well! 👍
Were you able to change it?
Very useful video, thanks!
Very interesting vid many thanks for the update
FWIW... Just spoke to my accountant with regards to a Private Limited Company in the UK and in our instance we came under this option for "Limitation of benefits" - "Company with an item of income that meets active trade or business test".
Worth noting that we sell physical products internationally and are not just looking at Adsense revenue through UA-cam so that may be relevant.
Thank you ever so much for this!
Super helpful. Thank you
No worries Matt! 👍
You are an absolute star!!
This video is quality!
Thanks Andy
Very helpful video
When I check through my forms i noticed that the last 8BEN form for me says 'No Treaty applied' Rather than 'Default'. I'm kinda scared of continuing since I feel like I've done the exact same thing these tutorials like yours did for an individual tax thing but I literally have no clue why mine says that.
Thank you!!
Thank you so much for sharing🙂
Thanks for the video! So before we do this we have to register our UA-cam channel as a limited company??
Thanks!
Unreal help!
Do I have to fill it out every year ?
Diamond Geezer, this was pickling my brain. I even applied for a US EAN Number by fax thinking I needed one (That was fun...)
Thank you so much! :)
Great info
Please can you do a video about the new self employed tax return..specific where do i put my SEISS grant in the tax return...I summed the SEISS grant to my income but at
the end , they say to go to page 2"OTHER TAX ADJUSTMENTS "....I CAN'T FOUND IT!
Anticipate thanks!
Thank you very much for sharing. It helps me a lot. I have a problem. After my company in the UK received Google Adsence‘s payment, Do I need to pay VAT to the UK tax authorities?
I read on an accounting website that in place of where you entered your UK Unique Taxpayer Ref, this should actually be an identification number (EIN) that you get by application to the IRS. The plot thickens.
Thanks bro u saved me😅❤️🔥
Just had a chunk of tax taken off my latest payment 😭 thank you so much for this video! I love just resubmitted my claim so I’m not charged twice!
Did they ever give you back what they took? This just happened to me…
Please reply I’d appreciate it, thank you!
@@AnaReyes75364 I did! They sent it back about a month or so after resubmitting the claim
@@NatalieMugridgeNailArtistomg thank you so much girl, god bless you! I was so worried. I can sleep now haha, good luck and blessings for your channel💕
did they just deduct it from your adsense account?
Hello, does US AdSense require a national ID card after reaching $10?
Hi Andy can you explain how will be calculated this year tax return if we take 3 grants?
Thanks
May God bless you!
Lifesaver!
do we do this again for 2022?
I have an error "your associated AdSense account is missing required payment details, se we are unable to monetize your channel"
I tried I think everything..is not working. Do you have any idea?
Can you type in your National Insurance number (UK resident) for the Foreign TIN?
I'm in UK - I've only just seen this tax requirement... How do I see if any us tax has been taken from any of my payments?
speak to hmrc and get one .... very good advice . you could of just said national insurance
I completed mine and was approved. Do I still have to pay tax to the HMRC for my UA-cam earnings or will they take it automatically?
When I clicked on my old adsense tab today (the page in the payments info section when you click on the drop down) I found a warning message saying that I need to fill in a form for payments from Ireland (because my payments come from Google Ireland). I'm a UK citizen living in the UK just to be clear. Have you seen this message and the form? and are you able to explain how to fill it in?
I’ve submitted a form, and proof of identity but they haven’t got back to me how long do I wait?🧐
5:37 For a non business (individual) is the foreign TIN just your National Insurance Number?
Do i need to fill tax informations even if they don't ask me for it?
You forgot to mention that most people in the UK can use their National Insurance Number as their TIN Number
Did the tax withheld get refunded to you?
From a fellow Geordie in South Shields, Cheers Andy 🤝 really helpful info mate. Appreciate that. Having a nightmare getting going with my UA-cam channel at the minute and this has helped for my first issue.
Second issue is "You'll need to verify your identity to keep earning on UA-cam." my channel is set up as a brand account because it's linked to my business. My business is through a sole trader not ltd co. To verify I need to submit Certificate of incorporation & drivers licence, obviously I only have one haha. Any ideas on this mate?
Hi Craig - don't hold me to this but I think the business account is more for limited companies. I ran with an individual account for years and it never caused a problem. Good luck - will check out your channel! 👍
@@SmallBusinessToolbox thanks Andy, I need to go ltd anyway so maybe this is the kick up the a** 🤣
I get maybe 1 or 2 adsense payments of £60 or so a year via my UA-cam channel, how does this effect me? I'm still quite confused but this is very useful !!
Hello,
I created an LLC in the united state when I was doing Dropshipping. Now I want to use the same LLC to do my UA-cam channel. AT 4:10 should I tick yes I have a business inside the united state.
If I already received a payment and its in my account will they take that out of my account
I had to do the same tax forms for another ad network and it was no where near as complicated as this. Bloody hell.
UA-cam have a knack of making seemingly relatively simple things unbelievably complicated. 🤣
My Adsense is on but I don’t make any money from UA-cam maybe 8p? I’m also a 19 year old student so I don’t pay taxes so what do I do ?
can i use my NIN inplace of TIN??
So as an individual would I click yes to being in the UK tax treaty and have to create a TIN or just click no to the UK tax treaty? Help
If you click 'no' to the tax treaty then UA-cam will probably deduct tax at source. In other words 'yes' to tax treaty... but double check with an accountant etc. 👍