adult entertainment industry


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...
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It's my birthday today (New Year's Day) and the older I am the more I realise that what I think is common knowledge is far from it. Red Adair was an oil-well troubleshooter He was paid a great deal of money to extinguish oil-well fires. He charged oil companies a great deal ...
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The Chancellor's announcement in this week's Budget that first time buyers will not pay any Stamp Duty Land Tax on properties costing less than £300,000 (in London the price limit is £500,000 but it's only the first £300,000 which will be free of Stamp Duty) may be the in...
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Don't treat HMRC as fools. They're not. HMRC have huge resources and they are starting to learn how to use the internet to their advantage. They have spent £100m or more on a super-computer designed to identify those who may have paid too little (or no) tax. They have ...
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