We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Declare my source of income?
Comments
-
I think he might be. If the OP is investigated, he will no doubt be asked for the source of these free goods and the HMRC will be intrigued if he refuses to tell them.
Well, the thing is, if I am investigated, I will reveal all – that’ll be his problem! I imagine if I was investigated, and DIDN’T do this, the taxman would regard all my turnover as profit, as I have no evidence of outgoings.
All I’m concerned about for now is that I am not doing anything illegal by not actually taking a day off work, driving into town, knocking on the taxman’s door and telling him “By the way old chap, I can tell you where I get my goods from, if you’d like to know?”
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards