And for me it's a big one. For some reason this is a scary thing. I guess the feeling is like 'what if I give a party and no one comes.'
But I have been doing a lot of looking around and I am going to do it. I have to I think. I am reaching the point where I don't have room for all I create. If I don't sell, I will end up with a houseful of stuff that my kids will have to clear out when I'm gone.
So now the big question is what about tax. Do I charge it, do I claim it,do I have to have a tax number or something. All questions for my accountant. But until tax crunch time is over I don't want to bother her.
How do you all handle that part of it?
Peace
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6 comments:
hi Mary, thanks for leaving your comment on my blog. Am's doing better every day now! As far as the tax thing is concerned in the uk you can earn over a certain amount before you have to pay tax. Also, you have to think how much you are likely to actually sell. I'd just do it and worry about the tax thing later!
Just do it Mary, you will make a killin! Worry about the tax later, see how it goes, but, if you are using a tax exempt number for buying supplies then you have to file tax of course. I have faith in you and your art BIG TIME!
Mary, when does your store open? Come on, girl....you'll knock 'em dead. Your work is different and there are people out there waiting to see it!
Pat
Hi Mary,
Yes you should go for it. I know all of the tax stuff is confusing and I am still sorting through it too. It is worth it though, and people will enjoy buying your work. Email me if you have an etsy questions and I will try to help.
PS- Definetly I would like to do a link swap, and thank you for your compliment. I enjoy you beautiful work as well. I will add your blog to my list.
Denise
wow, congratulations on a big, tough decision. You made it. Go for it. your work is exciting.
I say 'just jump in and do it!' and worry about the taxes later. You have a great following already and should do real well! Let us know when you are up and running!
Connie
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