Tax obligations for eBay UK Amazon FBA UK Shopify/ How Much income Tax to Pay?

Tax obligations for eBay UK Amazon FBA UK Shopify/ How Much income Tax to Pay?
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You can set up an ltd company or be a sole trader.
You have to keep 3 types of tax in mind, VAT, income tax and national insurance contribution.
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I have just tried to simplified the process, it nowhere near the professional accountant advises, This is to give you a general idea to figure how much #Tax is going to be when you will start selling on #eBayUK.
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I have explained the process by giving a case example in order for you to understand it better.

I am full-time eBay and Amazon Seller. I have been able to become one by working hard, self-learning and organically, I started as a part-time seller and it took me 8 years where my income became enough so I could fully rely on eBay.
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I live in a normal house, Pay my bill and put food to on the table. I don't drive supercar
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If you're here to get rich overnight, You're at the wrong place. There are many out here selling daydreams. Consider them watching and try.

To be honest 99% of courses about eBay and Amazon simply are scams.

Some content creators on Youtube started making so much hype around eBay and Amazon, in particular, to "dropshipping" just to seek views.

Many of those videos I watched while learning about e-commerce doesn't have a practical approach.
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On this channel, I make content with best of my knowledge. I try to give out the best of myself, Stuff that worked for me. I don't sell courses, Mentorship or offer any paid services.
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To Be the Master of eBay You need This Free Course
https://www.youtube.com/watch?v=eo0kuLKsWZc&list=PL1ASud2plQsjpyQs03h8-BTO4DauVlkTu
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Video That I suggest You Must watch

How To source from Poundland?
https://www.youtube.com/watch?v=EcAVksClork
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Full Poundland Business Plan
https://www.youtube.com/watch?v=JlAZXk9Iqq0
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How To source from Wilko?
https://www.youtube.com/watch?v=Ef26tfghHpI
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What Stuff do I use for Posting?
https://www.youtube.com/watch?v=S1ph7Xrllsk
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Where to start Sourcing?
https://www.youtube.com/watch?v=yGjZygwTQgk
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More Tips on eBay Sourcing?
https://www.youtube.com/watch?v=NWdfEVM_POM
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Can you make living off eBay?
https://www.youtube.com/watch?v=yPkaGyi6Fbc
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How to get more feedback?
https://www.youtube.com/watch?v=Ayw3dTlSC_A
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How They Sell 99p Items?
https://www.youtube.com/watch?v=E5oBX-9e3QM
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All tips and advise in the videos are based on my own personal experience & opinion.
You may have different results.

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