In the latest wave of nudge letters, HMRC has singled out online sellers, influencers and content creators warning them that they have not paid enough tax
Gig economy workers and traders selling online are being sent a detailed letter from HMRC asking them to check that they have reported all their income properly, particularly any earnings in excess of their tax-free personal allowance of £12,570 and suggesting that they make a digital disclosure if they have not complied.
Illustrating the scope of HMRC’s data analysis capability, the letter to content creators, including those running blogs and social media accounts with sponsorship, stated: ‘We have information that shows you’ve earned money (income) from creating content on digital platforms.
‘We also have information that shows that you have not told us about some or all of this income. This means you may owe tax.’
