
HMRC crack down on podcasters
Posted in Business advice for motorsport businesses by Phil Harris on 02nd November, 2021
HMRC to crack down on podcasters and social media influencers HMRC is to launch a crackdown on gamers and podcast hosts who it suspects are hiding their earnings. “Individuals have a responsibility to report their taxable income to HMRC - there are no special rules for social media influencers,” HMRC said. The Times notes that HMRC has the power to demand information about the incomes of users of platforms such as Twitch and Patreon, both of which describe the money people can give to content creators as “donations”.
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