HMRC and Air BNB to collude

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mumbojumbo
Posts: 568
Joined: 1 Aug 2018, 8:18pm

HMRC and Air BNB to collude

Postby mumbojumbo » 10 Oct 2020, 1:02pm

I understand that HMRC and Air BNB will take steps to catch tax dodgers who rent out property in this "grey market".What will be the result,and do you approve?

SOURCE https://www.bbc.co.uk/programmes/m000nbzb

rotavator
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Joined: 6 Jun 2016, 9:50pm
Location: North Wales

Re: HMRC and Air BNB to collude

Postby rotavator » 10 Oct 2020, 1:39pm

If the property owners/managers are declaring their income, as they should, then they have nothing to worry about.

Incidentally, I am self employed and declare all my income so I have nothing to worry about from HMRC. I don't have any sympathy for self employed tradesmen etc. who don't declare all their income then brag about how little or no income tax they pay.

mumbojumbo
Posts: 568
Joined: 1 Aug 2018, 8:18pm

Re: HMRC and Air BNB to collude

Postby mumbojumbo » 10 Oct 2020, 1:44pm

Such tradesmen can work in a manner where no tax is liable,even as much as £100,000 pa.You have be smart or have a smart adviser.

Tiberius
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Location: North East England

Re: HMRC and Air BNB to collude

Postby Tiberius » 10 Oct 2020, 2:28pm

rotavator wrote: I don't have any sympathy for self employed tradesmen etc. who don't declare all their income then brag about how little or no income tax they pay.


That perfectly describes a number of my friends and aquaintances. All self employed plumbers/heating engineers, they wear 'fiddling' like a badge of honour. The best bit is that they don't hide it, spouting off in the local merchant's about how much they're not declairing. It's not just 'talk' I know for an absolute fact that they're doing it.

If I was systematically fiddling my way through life I would keep my mouth shut.

Tangled Metal
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Joined: 13 Feb 2015, 8:32pm

Re: HMRC and Air BNB to collude

Postby Tangled Metal » 10 Oct 2020, 3:12pm

I met a mechanic like that. Got called in once but HMRC were too trusting so his story wasn't checked. Money stashed all over to hide it apparently.

An MD of a SME and fellow club mate was pontificating about how easy it was too "avoid" tax when he looked up at the new member the other side of the large bar table. A sudden thought struck his mind and he went quiet. The next thing he said was to ask what the new guy did for a living.

Can you guess what the newbie's answer was? Tax inspector!!! White face matched the white hair of the MD until the HMRC guy explained it wasn't his area and they don't shoot in their own backyard anyway. Needless to say the MD never discussed tax arrangements ever again. I don't think anyone did.

TBF to the new guy, he was a decent guy who, like most police friends, turned a blind eye to things among friends that should be in his remit to act on. Indeed I reckon he was a little bit of a poacher with his own finances. Nobody's fully honest these days I reckon.

mumbojumbo
Posts: 568
Joined: 1 Aug 2018, 8:18pm

Re: HMRC and Air BNB to collude

Postby mumbojumbo » 10 Oct 2020, 3:23pm

That perfectly describes a number of my friends and aquaintances. All self employed plumbers/heating engineers, they wear 'fiddling' like a badge of honour. The best bit is that they don't hide it, spouting off in the local merchant's about how much they're not declairing. It's not just 'talk' I know for an absolute fact that they're doing it.

If I was systematically fiddling my way through life I would keep my mouth shut.


Have you been tempted to report these "friends"?Be careful-they say you can be judged by"the company you keep".

thirdcrank
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Joined: 9 Jan 2007, 2:44pm

Re: HMRC and Air BNB to collude

Postby thirdcrank » 10 Oct 2020, 3:39pm

... If I was systematically fiddling my way through life I would keep my mouth shut. ...


And I fancy the converse often applies.

pete75
Posts: 13291
Joined: 24 Jul 2007, 2:37pm

Re: HMRC and Air BNB to collude

Postby pete75 » 10 Oct 2020, 4:35pm

Tangled Metal wrote:I met a mechanic like that. Got called in once but HMRC were too trusting so his story wasn't checked. Money stashed all over to hide it apparently.

An MD of a SME and fellow club mate was pontificating about how easy it was too "avoid" tax when he looked up at the new member the other side of the large bar table. A sudden thought struck his mind and he went quiet. The next thing he said was to ask what the new guy did for a living.

Can you guess what the newbie's answer was? Tax inspector!!! White face matched the white hair of the MD until the HMRC guy explained it wasn't his area and they don't shoot in their own backyard anyway. Needless to say the MD never discussed tax arrangements ever again. I don't think anyone did.

TBF to the new guy, he was a decent guy who, like most police friends, turned a blind eye to things among friends that should be in his remit to act on. Indeed I reckon he was a little bit of a poacher with his own finances. Nobody's fully honest these days I reckon.


And that's something many dislike about the police force - they let their friends get away with committing crimes. It's corruption.

mumbojumbo
Posts: 568
Joined: 1 Aug 2018, 8:18pm

Re: HMRC and Air BNB to collude

Postby mumbojumbo » 10 Oct 2020, 4:52pm

If they are off-duty they become ordinary joes.If I worked as a window-cleaner |I would not feel compelled to go round impersonating George Frisby.

Tiberius
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Location: North East England

Re: HMRC and Air BNB to collude

Postby Tiberius » 10 Oct 2020, 5:20pm

mumbojumbo wrote:
That perfectly describes a number of my friends and aquaintances. All self employed plumbers/heating engineers, they wear 'fiddling' like a badge of honour. The best bit is that they don't hide it, spouting off in the local merchant's about how much they're not declairing. It's not just 'talk' I know for an absolute fact that they're doing it.

If I was systematically fiddling my way through life I would keep my mouth shut.


Have you been tempted to report these "friends"?Be careful-they say you can be judged by"the company you keep".


No I haven't. I have known most of these blokes for circa 50 years. We have grown up together and there is no way that I would report them to anyone....I've never been remotely tempted.

mumbojumbo
Posts: 568
Joined: 1 Aug 2018, 8:18pm

Re: HMRC and Air BNB to collude

Postby mumbojumbo » 10 Oct 2020, 5:40pm

You have an admirable sense of loyalty and giving tacit approval to their absence of social responsibilty eg charging OAPs for sevices and unwittingly depriving these poorer peoplke of a higher material way of life.

philvantwo
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Joined: 8 Dec 2012, 6:08pm

Re: HMRC and Air BNB to collude

Postby philvantwo » 10 Oct 2020, 9:14pm

Take a walk up Lozells road in Birmingham and see all the people in branded sportswear and new trainers flashing the latest I-phones having never paid a penny of income tax!
As Morrissey in The Smith's wrote in the song 'Still Ill'..........
'I decree today that life is simply taking and not giving, England is mine and it owes me a living'

peetee
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Re: HMRC and Air BNB to collude

Postby peetee » 10 Oct 2020, 9:49pm

About 15 years ago I had a conversation with a council-employed plumber who took on private work too. I smelt a rat as we stood in the kitchen of his rented council house and he boasted that the previous year he had earned £80k.
Current status report:
Back on two wheels in deepest Pastyland and loving every minute. Mission: to enjoy big, bad hills again.

PH
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Re: HMRC and Air BNB to collude

Postby PH » 10 Oct 2020, 9:58pm

I haven't got a lot of time for dishonest traders, of any sort. Not because I believe the tax system to be fair, but because of the commercial advantage it gives them over the honest ones.

pete75
Posts: 13291
Joined: 24 Jul 2007, 2:37pm

Re: HMRC and Air BNB to collude

Postby pete75 » 10 Oct 2020, 10:20pm

peetee wrote:About 15 years ago I had a conversation with a council-employed plumber who took on private work too. I smelt a rat as we stood in the kitchen of his rented council house and he boasted that the previous year he had earned £80k.

The point is all this tax evasion has to be made up somehow and the somehow is PAYE.