Stage 3 – Vinted Advice
Here’s stage 3 of our Vinted advice
- Benefits of Voluntary Disclosure
- Reduced Penalties: If you’re disclosing voluntarily, you can choose a reduced penalty for not declaring your income earlier.
- No Criminal Prosecution: Voluntary disclosure reduces the risk of criminal prosecution. HMRC has been known to take action against those deliberately evading taxes, but voluntary disclosure helps you avoid this risk.
- Clear Your Record: By being transparent about your online income, you’re ensuring that your tax affairs are in order.
Contact Andy on 07879 464 577
