Thousands of pounds in back tax at stake for ‘ONLY FANS’ members!

‘ONLY FANS’ service providers face losing thousands of pounds in tax as HMRC hold details of their income from the online platform. There are thousands and thousands of creators registered and working via the Only Fans website. Their income is generated online, and every penny paid into their bank accounts via the online platform who take a commission at source.

HMRC have started sending out letters and training up offices to deal with what is a very sensitive area. They already hold details of names and addresses as well as the income earned by those providing a service through the online platform Only Fans.

Have you declared all of your income from Only Fans and if so, let’s hope it ties up with the details HMRC are sitting on! Don’t go it alone as Lindsay already is dealing with many of these cases and has the experience on how to face up to HMRC. Since lockdown earnings of escalated from this platform and even VAT can be assessed if your income exceeds £85,000 a year. Don’t pick up the phone to HMRC, pick up the phone to Lindsay and she will answer all your questions.