I have a question about income (not expenditure)
Income received from online clients.
Clients will pay me through my pay button which is generated in PayPal, but my question is:
I have one Paypal account for each account, personal, and business, and technically can adjust my settings to accept payments into either account of course.
The buttons are set to accept PayPal, or card payments, so for UK tax, legal, and SA1 advantages/implications, and to keep legal I hasten to add, to which account should I accept payments from my online "income"; to my business PayPal, or personal one? Technically (obviously) I am able to fund one account from the other if/where/when necessary.
I have no idea of projected future earnings, and am not (yet) VAT reg'd. My clients will be Worldwide, so from counties with different tax and VAT laws.
Thanks in advance for you advice.