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Under the time-limited opportunity, HMRC have wanted direct sellers to tell them about the tax due and make arrangements to pay before February 28 2013.
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HMRC has started writing to direct sellers to let them know about the campaign and has warned that after the deadline, HMRC will begin contacting direct sellers who did not come forward, if HMRC believes they owe tax.
HMRC said that direct sellers are generally considered to be self-employed, and are therefore responsible for telling HMRC about what they earn, and for calculating and paying their own tax.
Nearly £540 million has been raised by HMRC from campaigns like this, and a further £137 million from follow-up activity. Twenty three criminal cases are underway and four convictions have already been secured. Campaigns launched so far have targeted offshore investments, medical professionals, plumbers, VAT defaulters, coaches and tutors, electricians and online traders.
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Susie Hughes © Shout99 2013
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