Spear Chucker
Well-Known Member
But thanks to this thread, some ferret in HMRC now has the horn about taxing the black market in illicit venison sales that they will be convinced exists.
Carcass Sales and Income Tax
- Thread starter Cranborne
- Start date
Bo Diddley
Well-Known Member
Reading some of this thread reminds me of the Kinks' "Sunny Afternoon"
The tax man's taken all my dough..
And left me in my stately home..
They might even be thinking of taxing the air that we breathe...
The tax man's taken all my dough..
And left me in my stately home..
They might even be thinking of taxing the air that we breathe...
Bo Diddley
Well-Known Member
Ratcatcher
Well-Known Member
Er, what like those 3 honest fac holders that stole the trailer and all that gear from the shooting show
Bo Diddley
Well-Known Member
Scoundrels....Er, what like those 3 honest fac holders that stole the trailer and all that gear from the shooting show
countrryboy
Well-Known Member
While not venison related i have heard off the Taxman going after puppy sales, which are normally cash.
So must be checking the KC register to see who's registering pups and the checking their tax returns.
So if ur breeding just be careful, keep all recipts etc
I know they got some lads on 1 shoot and a few others were pretty worried as they knock 1 or 2 litters out most years, can be a bit of money if the breed has 10+ pups.
So must be checking the KC register to see who's registering pups and the checking their tax returns.
So if ur breeding just be careful, keep all recipts etc
I know they got some lads on 1 shoot and a few others were pretty worried as they knock 1 or 2 litters out most years, can be a bit of money if the breed has 10+ pups.
I recall HMRC going after match fishing prize money as taxable income years ago, the winner of the Embassy national won £2k from memory, second place £1k, third place £500. Some match anglers then kept records of tackle purchased, match entry fees, rod licence, bait, day tickets, club tickets, mileage, bait, practice & qualifying costs etc.
The pittance gained in taxes from the winners was dwarfed by the expenses incurred by everyone else. HMRC stopped bothering match anglers shortly afterwards.
The pittance gained in taxes from the winners was dwarfed by the expenses incurred by everyone else. HMRC stopped bothering match anglers shortly afterwards.
I was told HMRC was getting information from the pet insurance policies breeders often have that offer the new puppy owners 4 or 5 weeks free cover.
VAT inspector tried to catch me out on that one. Very devious she was too! I think I posted the story about it on here some years ago (which is perhaps the example you're thinking of?)
Fortunately, I was able to show in my accounts that I had indeed recorded everything properly, and had charged VAT on all dogs and puppies that I had sold over the preceeding five years.
But she was definitely out to try and trip me up over it, by using the "Jeckyll & Hyde" method.
Edit: Here's what I posted before:
countrryboy
Well-Known Member
I think that insurance is provided 'free' by the KC anyway.
Plus i've heard also going after stud dog fees, so for they would need to check the breed records.
But either way since covid and folk charging silly money for pups its put it on the radar and their getting info from somewhere as these folk were all PAYE or retired.
countrryboy
Well-Known Member
VAT inspector tried to catch me out on that one. Very devious she was too! I think I posted the story about it on here some years ago (which is perhaps the example you're thinking of?)
Fortunately, I was able to show in my accounts that I had indeed recorded everything properly, and had charged VAT on all dogs and puppies that I had sold over the preceeding five years.
But she was definitely out to try and trip me up over it, by using the "Jeckyll & Hyde" method.
Edit: Here's what I posted before:
No i heard off it on a local big shoot, caught a couple of folk not decalring anything, PAYE in a 'normal' job (away from shooting, farming) or retired, so not really doing Self Assesment forms normally.
Was all taken cash in pocket and not declared.
I think they had to pay a few grand back per litter.
Had a few more really worried as they breed more often.
So dunno if the folk that got caught were unlucky or how they picked their names as was others breeding more often that did not get pulled up.
Essexsussex
Well-Known Member
Does anyone remember the documentary about hmrc visits to farms etc?
Think it was called “darling buds of may”. The not so clever tax inspector met his match with the wily Mr Larkin, the tax payer under said investigation. He married off his eldest daughter, who was called Catherine Zeta-Jones, to the tax inspector and got him in on the tax evasion game before he knew it.
That was back when the bbc made properly researched investigative journalism.
Think it was called “darling buds of may”. The not so clever tax inspector met his match with the wily Mr Larkin, the tax payer under said investigation. He married off his eldest daughter, who was called Catherine Zeta-Jones, to the tax inspector and got him in on the tax evasion game before he knew it.
That was back when the bbc made properly researched investigative journalism.
Jon P
Well-Known Member
They also watch online sales ads for repeat sellers/ quick DPA request to the on line company, you can get every advert seller had ever posted.
Then check bank account for deposits etc. lots of people pay a holding deposit with on line banking then pay cash for the remainder-
Small scale dog breeding is caught by the Licensed Activities involving Animals- the £1000 exception is on the first pages.
Similar threads
- Locked
