Tax advice on OnlyFans tips.
To answer a FAQ – we’ve been inundated with the same question this month.
Should you be paying tax on tips received through OnlyFans?
The simple answer is yes. A tip on OnlyFans creates part of your taxable income.
It’s probably not the news you wanted but it is the correct treatment of tips.
We can only assume there is somebody out there providing poor ‘tips’ for your accounts.
You can always rely on us to prepare your accounts correctly.