I'm trying to set up a PayPal account for my company (that is not registered in the UK) and want to use my UK account to receive payment on the website.
Does anyone know if I will be taxed for receiving payment in my UK account?
Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. It only takes a minute to sign up.Sign up to join this community
You won’t be taxed just for receiving money into your account, but if you’re liable for tax in the UK, HMRC will have access to your PayPal account and may expect you to account for the money when filling in your tax return.