Choosing a Crowdfunding Platform: Top Tips, Taxes, and Fees

As a content creator, crowdfunding platforms offer an easy and accessible way for you to generate an additional source of income through your work. Unlike other revenue streams such as advertising and merchandise sales that you might have explored, it’s easy to get started with crowdfunding straight away and there are no setup costs involved.

To help you pick which one is right for you, this guide explores some of the pros and cons of the main crowdfunding platforms and offers insights based on our accountancy work for content creators.

Working From Home Tax Relief

Millions of us have been working from home due to the COVID-19 pandemic. If you’ve been working remotely, your household bills might have increased over the past few months – and you may even have had to invest in a new broadband connection to support your work. The good news is that you may be able to claim tax relief to help cover the extra cost.

The Government’s working from home allowance scheme began in October 2021 and has already had an impressive uptake: in the first six weeks alone, more than one million people applied to HMRC. In this WKM guide, we explain who is eligible for the new tax relief, the amount you could claim, and how to claim it.