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Tutors and online traders targeted by HMRC

Midgley Snelling accountants are warning that HM Revenue and Customs (HMRC) is stepping up its tax investigations of specific sectors, with tutors and online traders set to come under scrutiny over the next year.

Peter Bond, partner at Midgley Snelling, said: “Although a date for the investigations to launch has yet to be announced, among those targeted will be private tutors and coaches who earn main or secondary income from private lessons, whether they are qualified or not and ranging from national curriculum tutors to fitness or lifestyle coaches.

“HMRC is also interested in individuals who use online marketplaces such as eBay to buy and sell goods as a trader or business without paying the resulting tax. This should not affect low-volume buying and selling by non-traders however”.

Traders whose turnover exceeds the £73,000 threshold but who have not registered for VAT will also be targeted.

HMRC will also be using tools such as “web robot” software to obtain information from the internet about each targeted sector, including hidden relationships, inconsistencies and income and lifestyle anomalies.

For more information, please contact Midgley Snelling on 01932 853393.

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