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Paypal tax
 

Hi Guys,
does anyone know about paying tax on a stealth account?
im assuming this is not possible as obviously the details are not your swims
can swim pay tax on behalf of another person (fictional) i.e no N.I number?

swim really does not want to get in trouble.
and earnings may be climbing considerable.
swim is getting a little worried.

Thanks.
Dazzawoo.

Swim on over to the message boards and read around to find what you are looking for. The water isnt that deep so you can swim. :peace:

KIngRay

Re: Paypal tax
 

kingray,
ive been swimming around but i still cant find anything on this,
any chance of a link to this message board?

Re: Paypal tax
 

Print off sales records from PayPal.

Give to accountant along with all your purchase invoices and bank statements

Voila :)

Re: Paypal tax
 

That is a very good question re-guarding Stealth Accounts. If you have serious concerns on how to handle this you should at least have a sit down consultation with a tax person such as Tax attorney or CPA. Good luck.:noidea: