Oh yes - british taxes. Especially if you've never worked as a freelancer or self-employed person before, it can sometimes be a bit complicated to keep track of things.

Unfortunately, we at Speekly are not professional tax advisors either. Nevertheless, we want to make sure that you don't simply ignore the topic of taxes - because it can be quite relevant for you as a creator. In the following, we would like to provide you with links to some sources and information on the topic of taxes.

Taxes: yes or no?

Basically, your activity as a creator is relevant for tax purposes. However, whether you actually have to pay taxes depends on a number of factors. Above all, it depends on how much money you earn in total per year. This calculation includes your income from Speekly - but also from other sources of income. Other sources of income can be your regular job or self-employment. You may not have to pay any tax at all, as there are so-called "allowances". These allowances apply if you remain below a certain income limit in total per year. You see: "It depends".

Where can I get basic information?

Basically, the best person to help you is someone who works as a professional tax consultant. Of course, there are also some sources that can give you a basic introduction to the topic. Spoiler: Don't be put off too quickly. It's definitely worth a few minutes!
Unfortunately, we don't yet have a document that is exactly tailored to the situation of Speekly Creators. We are working on it! However, the situation of influencers is very similar to the situation of Speekly Creators, so that can be a good point were to start collecting information.

The most sensible thing about taxes

At the end of the day, the topic of taxes is one that each person has to make individually depending on his/her situation. Relevant questions are e.g.

• Do you have other jobs?
• How much do you earn in total per year?
• Have you already registered a business?
  ... and so on.

To get the best assessment of your situation, we highly recommend that you speak to a professional tax advisor. This will probably cost you something - but it will certainly be worth the investment.