New Posts For Thread: Official HM Revenue and Customs statisticshttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statisticsDoes anybody know if they declare how many people each year do not pay tax because they make a living from gambling ? Before you ask, yes, they are after meDon't believe it will be a random check TC.The nature of your business means they probably believe that your bottom line profit( if a profit) is too low for level of turnover.Hopefully you have made adequate provisions re "private" items like drinks/https://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494403705#494403705Don't believe it will be a random check TC.The nature of your business means they probably believe that your bottom line profit( if a profit) is too low for level of turnover.Hopefully you have made adequate provisions re "private" items like drinks/Mon, 02 May 2011 16:19:11 -0500Pub, Hotel, Restaurant.https://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494401821#494401821Pub, Hotel, Restaurant.Mon, 02 May 2011 16:07:05 -0500Hello UA. HMRC has put extra resources into pursuing more tax. A 30% increase in new cases has been reported. They are looking to undertake a programme of business record checks believing poor record keeping results in underpaid tax. A new harsher pehttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494401633#494401633Hello UA. HMRC has put extra resources into pursuing more tax. A 30% increase in new cases has been reported. They are looking to undertake a programme of business record checks believing poor record keeping results in underpaid tax. A new harsher peMon, 02 May 2011 16:05:51 -0500What is nature of your business TC?https://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494401613#494401613What is nature of your business TC?Mon, 02 May 2011 16:05:44 -0500Hello ther TheCoat.How come the Inland Revenue started investigating you in the first place? How do you think you got onto their radar? How come they have details of your bank account and all your transactions? Did they ask for it separately or did yhttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494397953#494397953Hello ther TheCoat.How come the Inland Revenue started investigating you in the first place? How do you think you got onto their radar? How come they have details of your bank account and all your transactions? Did they ask for it separately or did yMon, 02 May 2011 15:35:52 -0500# 23rd April 2008, not 2007.https://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494378169#494378169# 23rd April 2008, not 2007.Mon, 02 May 2011 12:20:31 -0500give the tax man a copy of a forum threadhttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494373641#494373641give the tax man a copy of a forum threadMon, 02 May 2011 11:31:44 -0500If BF would send you a copy of the CHIT CHAT forum post you made .....plus all the other posts on thread.......then this would "help" your case re winning that day.( would have thought they COULD do that for you).It is not really as good as C O R A Lhttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494371389#494371389If BF would send you a copy of the CHIT CHAT forum post you made .....plus all the other posts on thread.......then this would "help" your case re winning that day.( would have thought they COULD do that for you).It is not really as good as C O R A LMon, 02 May 2011 11:10:55 -0500OK, most of my punting is done on course with cash, and I hold quite a large float. I only bank the odd £500 a time to top up my bank account when it needs it. The Jackpot win was a 50p perm, total invested just over £200. My on course bets vary frhttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494355117#494355117OK, most of my punting is done on course with cash, and I hold quite a large float. I only bank the odd £500 a time to top up my bank account when it needs it. The Jackpot win was a 50p perm, total invested just over £200. My on course bets vary frMon, 02 May 2011 08:29:27 -0500TC - your reply is all a bit vague........and with that level of lack of "detail" you will be well up against it against Revenue.Were the other ones who shared the win paid by cheque?If the bookie paid you "in cash" £7,000, then their records wouldhttps://community.betfair.com/general_betting/go/thread/view/94082/27542065/official-hm-revenue-and-customs-statistics?post_id=494348089#494348089TC - your reply is all a bit vague........and with that level of lack of "detail" you will be well up against it against Revenue.Were the other ones who shared the win paid by cheque?If the bookie paid you "in cash" £7,000, then their records wouldMon, 02 May 2011 07:05:07 -0500