First identify what income you are generating
A content producer's platform advertising revenue, sponsorship fee, product sales and consultancy collection may be different activities. Writing it all on one line as 'YouTube money' makes accurate tax assessment difficult. Initially, for each collection, record the payer, description of the activity, date, currency, and associated contract or report. This guide is a registration preparation; It does not determine the tax rate, exemption rights or strict liability for your individual situation.
Exception statement is not automatic exemption
The scope of the regulations regarding content creation, application and account conditions can be found; Monetary limits and implementation details may change over time. Do not accept the amount explained in an old video as the definitive rule this year. Use the current statements of the Revenue Administration together with the evaluation of a financial advisor who knows your situation. Each activity should be examined separately, especially if the same person sells products or has income from different services. The claim that 'Everyone earns tax-free with the same method' is not enough to make a decision.
