HM Revenue and Customs defines a non-established taxable person (NETP) as “any person who isn’t normally resident in the UK, doesn’t have a UK establishment and, in the case of a company, isn’t incorporated in the UK.” Unlike companies or individuals based in the UK, NETPs must register for VAT when taxable supplies, regardless of … Continue reading
The HM Revenue and Customs Second Incomes Campaign is still running to give employees who do bits on the side a chance to come clean. If you are employed and have untaxed income from sources such as consultancy, buying and selling goods (Ebay, car boot sales), organising parties, taxi driving, hairdressing, childminding, etc, you might … Continue reading