22-11-2016, 09:24
(22-11-2016, 08:00)jinnystarwars Wrote:(20-11-2016, 19:34)3CA Wrote:(17-11-2016, 00:35)Ana_X Wrote: Worth considering that anyone using the above method with a paypal card reader, who isn't registered self employed and fully disclosed would be absolutely caught up for money laundering as well as tax avoidance if/when they were found out.
HMRC are becoming very skilled at finding people who use PayPal for business purposes but haven't registered with HMRC as self-employed.
Given that HMRC are already targetting the adult entertainment industry I would suggest it's only a matter of time.[url=http://www.3ca.co.uk/blog/post/1782/HMRC-target-the-adult-entertainment-industry/][/url]
Ah OK thanks,
Is it the same as with Paxum and Payoneer? or is there a difference?
I'm with Ana_X on this when she says "The point I was making is to ensure full disclosure at all points to HMRC to prevent an investigation ........"
A chartered accountant specialising in the adult entertainment industry. Professional and discreet.