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PostPosted: Mon Jan 30, 2012 8:44 pm 
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I want to set up a football analysis and betting website, and I was wondering what's the best way to go about this. I have no technical expertise and don't really have the time/willingness to learn. I want to be be able to have a straight forward .com/.co.uk address and be able to put up adverts of my chosing. Does anyone know what the best hosting options etc would be for me?

Also does anyone know anything about the tax treatment of ad revenue?

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PostPosted: Tue Jan 31, 2012 2:59 am 
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Do you mean you want to be able to take in bets from people using real money? Or do you mean you want to just give out betting information? If you just want to give out information then that would be doable, but if you want to set up some sort of gambling website then I hope you have a lot of start up capital because you'll need to hire someone to make, and manage a database for you.

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PostPosted: Tue Jan 31, 2012 8:13 am 
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Rightey wrote:
Do you mean you want to be able to take in bets from people using real money? Or do you mean you want to just give out betting information? If you just want to give out information then that would be doable, but if you want to set up some sort of gambling website then I hope you have a lot of start up capital because you'll need to hire someone to make, and manage a database for you.



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PostPosted: Tue Jan 31, 2012 10:32 am 
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Ecno wrote:
I want to set up a football analysis and betting website, and I was wondering what's the best way to go about this. I have no technical expertise and don't really have the time/willingness to learn. I want to be be able to have a straight forward .com/.co.uk address and be able to put up adverts of my chosing. Does anyone know what the best hosting options etc would be for me?

Also does anyone know anything about the tax treatment of ad revenue?


Can't help with the first part - but would be interested in any answers as I need to set up a website for my company at the moment. It's something I've previously had other people do, but I have no cash so need to look at cheap alternatives such as a wordpress-based system. Possibly.


In a nutshell, you are going to have to pay tax on the advertising income. Depending on how much it brings in, obviously, affects your tax bracket.

You need to decide if you are you going to be self employed or set up as a company. I'd suggest the latter, as it would enable you to reduce your tax outlay, though there would be set-up costs involved and you might want an accountant if the maths is going to get complicated or if you also earn a salary elsewhere.

If you are running a company, then you currently pay 20% corporation tax - ie 20% of profits, after salaries, outgoings, expenses, etc have been deducted. This would enable you to claim mileage, running costs, claim back VAT on computer equipment, etc. You reduce the corporation tax by paying yourself a tax-free salary of about £7k, and deducting as much as possible from the remainder. You then pay whatever's left to yourself as a dividend.

If you just caim the income as your own, then you will pay the usual of approx 22.5% on everything you earn, to include income tax and NI.


You would only charge VAT to advertisers if you are VAT registered, either as a self-employed person or as a company. You can/should only be VAT registered if your gross income is pretty high - something like over £70k.


Note I'm not an accountant, so please don't take it as gospel. This is what I've picked up since starting my own company last year.

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PostPosted: Tue Jan 31, 2012 11:52 pm 
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Well I've got a domain name, at godaddy.com and I bought website hosting which I thought included some kind of website design kit but I'm not sure now.

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PostPosted: Wed Feb 01, 2012 11:25 pm 
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I don't know about godaddy.com but I know that Tripod (web hosting by Lycos) used to have all sorts of tools to build websites.

If however they don't then you're going to be stuck making it yourself, you can either get yourself something like Dreamweaver, in which case this is a very handy tutorial to start with...

http://www.adobe.com/devnet/dreamweaver ... e_pt1.html

Or you can use an open source program like Kompozer

http://kompozer.net/

Both are very straight forward to use and that tutorial will literally teach you almost everything you need to know.

W3 schools is another really good resource for building your website and it also has definitions and code examples for basically everything you could possibly ant to put on your site.

http://www.w3schools.com/

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PostPosted: Tue Feb 07, 2012 9:50 pm 
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Poser wrote:
Ecno wrote:
I want to set up a football analysis and betting website, and I was wondering what's the best way to go about this. I have no technical expertise and don't really have the time/willingness to learn. I want to be be able to have a straight forward .com/.co.uk address and be able to put up adverts of my chosing. Does anyone know what the best hosting options etc would be for me?

Also does anyone know anything about the tax treatment of ad revenue?


Can't help with the first part - but would be interested in any answers as I need to set up a website for my company at the moment. It's something I've previously had other people do, but I have no cash so need to look at cheap alternatives such as a wordpress-based system. Possibly.


In a nutshell, you are going to have to pay tax on the advertising income. Depending on how much it brings in, obviously, affects your tax bracket.

You need to decide if you are you going to be self employed or set up as a company. I'd suggest the latter, as it would enable you to reduce your tax outlay, though there would be set-up costs involved and you might want an accountant if the maths is going to get complicated or if you also earn a salary elsewhere.

If you are running a company, then you currently pay 20% corporation tax - ie 20% of profits, after salaries, outgoings, expenses, etc have been deducted. This would enable you to claim mileage, running costs, claim back VAT on computer equipment, etc. You reduce the corporation tax by paying yourself a tax-free salary of about £7k, and deducting as much as possible from the remainder. You then pay whatever's left to yourself as a dividend.

If you just caim the income as your own, then you will pay the usual of approx 22.5% on everything you earn, to include income tax and NI.


You would only charge VAT to advertisers if you are VAT registered, either as a self-employed person or as a company. You can/should only be VAT registered if your gross income is pretty high - something like over £70k.


Note I'm not an accountant, so please don't take it as gospel. This is what I've picked up since starting my own company last year.


godaddy have something called website tonight which I've been using which costs about £6-7 a month and it's very easy to use if your remotely computer literate.

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PostPosted: Wed Feb 08, 2012 1:13 am 
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I should state I know hardly anything about the internet... however... when I wanted to create a website I used www.yola.com to make one. It was very simple using their guides and tools.

There's both community and direct help to questions too.

I'm not sure if it's the best or worst or what have you, but I've gotten on ok.

:)


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PostPosted: Thu Feb 09, 2012 5:09 pm 
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Btw, Karlprof has a sticky thread in this forum (ATF) which you might want to look at.

viewtopic.php?f=6&t=16699


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