OnlyFans and VAT
July 3, 2020
I understand from a number of clients that OnlyFans have recently sent out a text which included this statement:
As a result, OnlyFans will collect VAT as required and remit to the UK and EU tax authorities on the Creator’s behalf. As a Creator, you won’t need to fill ou...
When will I hear about the self-employed grant?
April 3, 2020
The government have said that most people who are self-employed will be able to claim a grant though the (COVID-19) Self-employment Income Support Scheme.
You cannot apply for this scheme yet.
HMRC will contact you if you are eligible for the scheme and invite you to apply o...
My advice to the self-employed who haven’t submitted their 2019 tax return and who are worried about their tax bill
March 28, 2020
The government has introduced the Self-employment Income Support Scheme to help the self-employed affected by COVID-19
It’s a generous scheme – you’ll receive a taxable grant which will be (in simple terms) 80% of the average profits from the last three tax years. It i...
The Self-employment Income Support Scheme
March 27, 2020
This is a copy of the government email I have received.I have highlighted the important points....
If you’re ill or you’ve been advised to stay at home
If you are not eligible for SSP because you are self-employed and you have COVID-19 or have been advised to stay at home, you can now more easily make a claim for Universal Credit or new s...
A client recently asked me “What made you get in to helping clients from the sex industry?”.
February 21, 2020
This is what I said:
A few years ago, I wrote an article about accountants who don’t respect their clients and I questioned whether it was possible for those accountants to give a decent service with that attitude. It wasn’t aimed at a specific industry.
Completely out o...
Are you struggling to pay your tax?
February 2, 2020
If you're struggling to pay your Self Assessment tax you may be able to set up a payment plan with HMRC to pay it over the next 12 months. The best thing about it is you don't have to speak to anyone at HMRC because you can apply online.
To be eligible to set up an online pa...
The pain of dealing with HMRC
September 10, 2019
@bdsmmia, The Professional Dominatrix from Bristol, understands what it's like dealing with HMRC.
Perhaps we chartered accountants should stop complaining and just enjoy the pain?...
Telling HMRC you are self employed
September 8, 2019
If you started being self employed during the tax year ended 5 April 2019 and have not told HMRC that you are self employed you must do so on or before 6 October 2019.The HMRC website tells you what you have to do but why not ask an accountant to do it on your behalf. It's a...
HMRC - as much use as a chocolate poker
September 7, 2019
Successive governments, Conservative, Labour and for a short term the LibDems (in coalition with the Conservatives), have over the last 30 years cut HMRC so much that it's no longer fit for purpose....
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