HMRC has launched an investigation into stars who are using OnlyFans to rake in millions of pounds.
Celebs on the site include reality star Megan Barton-Hanson — who earns £800,000 a month.
OnlyFans model Megan Barton-Hanson earns £800,000 a month on the site[/caption]
HMRC has launched an investigation into stars like Megan[/caption]
A source said one star had to cough up over £20,000 after HMRC saw their tax accounts.
The Sun understands the tax authority contacted the adult site and asked for the earnings of their top stars.
A source said: “Celebs have been using Only Fans to rake in huge amounts of money.
“HMRC is aware how much money these people are making because they brag about it — and now they’re making sure that tax and VAT is being correctly paid.
“One person — who makes a large amount of money from Only Fans — was hit by a tax bill well over £20,000. The money these celebs can make from Only Fans is staggering and clearly not everyone has been totally transparent about their earnings — until now.”
Normal tax rules apply to income made on OnlyFans — with earnings self-declared.
HMRC told The Sun: “We take a variety of approaches to ensure all taxpayers are aware of their tax obligations, and pay what they owe.”
British stars including Strictly contestant and baker John Whaite and model Lottie Moss also use the site to top up their income.
There is no suggestion John, Lottie or Megan are part of HMRC’s investigation.
Love Island star Megan, 31, started an Only Fans account in 2020 to earn more cash.
She is reported to have made £800,000 a month from the website.
Speaking to The Sun, Megan said: “I’m so proud of my OnlyFans.
“Doing it has helped me buy my dream house and it’s given me all the money for new furniture. I can’t believe how well I’ve done.”
Love Islander Megan, 31, started an Only Fans account in 2020 to earn more cash[/caption]
Brit model Lottie Moss also uses the site to top up her income[/caption]