Advice on Selling my app(s) from the UK
I'm based in the UK and I'm considering selling one or more of my apps.
There's various tax implications for this kind of thing so I'd like to get some advice from someone with experience.
Does anyone have an accountant and/or lawyer they they can recommend?
Thanks :)
Can you clarify what you mean when you saying “selling one or more of my apps”?
Do you mean selling access to use them? Or do you mean actually selling the code, the IP etc to someone else to continue managing them as a product?
i would be interested to know as well. Add couple of more things to your post like are you a sole trader/llp or pvt. ltd ? selling app without selling the company would be considered asset sale and tax implications would arise accordingly. If you are selling company itself than it would be considered capital gain and would have tax implications on personal taxation front.