Think you may have been trading online & not declaring it all ? When & how do you need to submit a self-assessment tax return?

Self-assessment is the system HMRC uses to collect tax from people who don’t pay it all automatically from their wages under PAYE. This includes those who may…

Side-line selling online! Am I trading or is it a hobby! Do I need to register and pay tax!

If you work as an employee already or are self-employed and earning more than your tax-free personal allowances of around…

Are you a Hustler! HMRC thinks you are, if you trade or sell on any online platform!

New HMRC rules in force from January 2024, pre-empt a massive crackdown on tax avoiders. Don’t let it mean a…

Post-Christmas Clear-Out May Alert the Taxman!

Thinking of clearing out your unwanted Christmas gifts or making way for the new!!  Well, if it’s a one-off or once a year, you’ll be…

HMRC Issue Next Tranche of Letters to Only Fans Creators

Do any of these scenarios relate to you?

Have you declared all your income from Only Fans, claimed the correct expenses in your tax return and paid all tax and VAT due?

HMRC investigate ‘cryptocurrencies’ or ‘cryptoassets’, as HMRC prefers to call them!

Lindsay is hearing from so many people these days who have come under HMRC scrutiny for their involvement in…

eBay Traders – there’s no let up and no escape!

HMRC continue their trawl through the Internet to expose those people trading on eBay rather than people merely…

Dog Breeders back in the spotlight at HMRC but are HMRC barking up the wrong tree!

Over the last couple of months, I have noticed the prevalence of new enquiries into dog breeders. Prior to Covid HMRC had accessed…

Even celebrities fall foul of HMRC in the trawl of the ‘Only Fans’ platform.

You may be a celebrity and certainly ‘Only Fans’ has made celebrities of many of the creators of video content viewed on that site. It’s certainly made many people very rich and HMRC…

Utmost care given by HMRC on data gathering from ‘Only Fans’ members.

You would hope that HMRC in any enquiry deal with highly sensitive data in the utmost confidence, bearing in mind data protection rules, as well as…