Hi!
I live in a small village and I'm one of the extremely few houses cabled by Virgin Media. I'm currently on their VIVID 350 package and it's amazingly fast. I am thinking of reselling the internet I get to some people in my village with desperately poor internet access. I'm wondering if anyone here knows anyone who does something similar that can point me to the right places to do something like this legally? I am an experienced network engineer and could easily set something like this up, my only concerns are the legalities of it. My other concern is the finance - I am assuming the money from it will be taxable even if I make a loss? I've checked sites like this salary tool (https://www.after-tax.co.uk) but still not sure about it, and was hoping someone here could point me in the right direction to getting something like this done legally.
Thanks!
I live in a small village and I'm one of the extremely few houses cabled by Virgin Media. I'm currently on their VIVID 350 package and it's amazingly fast. I am thinking of reselling the internet I get to some people in my village with desperately poor internet access. I'm wondering if anyone here knows anyone who does something similar that can point me to the right places to do something like this legally? I am an experienced network engineer and could easily set something like this up, my only concerns are the legalities of it. My other concern is the finance - I am assuming the money from it will be taxable even if I make a loss? I've checked sites like this salary tool (https://www.after-tax.co.uk) but still not sure about it, and was hoping someone here could point me in the right direction to getting something like this done legally.
Thanks!