HMRC focuses on web sites.
| Position | First in |
[ILLUSTRATION OMITTED]
UK businesses must check that their online operations tally with their real-world tax returns as HMRC is increasingly scrutinising social media sites to evaluate the accuracy of their tax returns. Monitoring social media and blogging sites is extending HMRC's long-term practice of monitoring small ads in local newspapers and, more recently, eBay and other auction sites, according to Mark Lee, chairman of the Tax Advice Network.
He warned that income through affiliate links with sales...
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