What period of income will Camplify provide?
Will you report income for past years?
What exact details is Camplify required to provide?
Will I have to pay tax on Camplify earnings?
Do I need to update my details with Camplify due to these new reporting rules?
What if my information is incorrect?
What income will Camplify report?
Will Camplify provide me with a summary of the payments reported?
How long will Camplify keep my information for?
How does Camplify ensure my personal and tax information is secure?
Why is this happening now?
The Organisation for Economic Co-operation and Development (OECD) has developed Model Reporting Rules for Digital Platforms (MRDP) for member countries to use to improve tax transparency across the gig economy. The UK has adopted the MRDP.
Under UK law, digital platforms must collect and report this information to ensure compliance with tax administration processes. The first report is required to be provided to HMRC by 31 January 2025, for the period 1 January 2024 to 31 December 2024.
What period of income will Camplify provide?
The first report must be provided to HMRC by 31 January 2025, for the period 1 January 2024 to 31 December 2024. Moving forward, Camplify is required to report for each calendar year by the 31 January of the following year.
Will you report income for past years?
No, Reporting commenced from 1 January 2024 (i.e. the current calendar year). We are CURRENTLY only reporting on the period of 1 January 2024 to 31 December 2024.
What exact details is Camplify required to provide?
Camplify is required to provide information about the account holder and your transactions on the Camplify platform.
1. Information about the account holder
Information for individual account owners
Individual account owners include owners who are sole traders who operate under a business name. If you operate your Camplify account as an individual owner, we must provide the following information about you:
- first and last name (middle name where provided)
- contact details
- residential address
- date of birth
- National Insurance Number (this is your TIN)
- bank account details
- VAT Number (if you have provided us with one)
Information for non-individual account owners
You are a non-individual account owner if you are a company, a trust, partnership or other legal entity. If the account owner is a legal entity, Camplify will provide the following details:
- entity’s full legal name
- business address
- business registration number
- contact details
- TIN (this is your Company Registration Number if you are a company or Unique Taxpayer Reference number for other legal entities)
- bank account details
- VAT Number (if you have provided us with one)
2. Information about your transactions on the platform
Camplify only needs to report on owners who have received income via the platform during the calendar year reporting period.
- Number of services supplied during the reporting period - this is the number of hires, plus any hirer cancellations where you have received a cancellation payment
- The total amount Camplify has paid to the owner
- Camplify will also report the fees, commissions and VAT that Camplify has withheld from the owner’s gross earnings
3. Additional information for Owners of Cabins and Static caravans
For owners who have a cabin or static caravan on the platform, Camplify also has to report to HMRC the property’s address and the number of days it is rented.
Will I have to pay tax on Camplify earnings?
Camplify is unable to advise on what these changes may mean for your personal or business tax circumstances, if your question relates to your personal or business tax we recommend you seek advice from an accountant.
Do I need to update my details with Camplify due to these new reporting rules?
While Camplify will use the details you’ve already provided, there are some new fields to check (such as an individual’s National Insurance Number or a non-individual’s Company Registration Number). In any case, it’s a good idea to ensure your information is up to date in our system. This will ensure the correct reporting of your details and payments to the HMRC. If your circumstances change, be sure to update your details. The first report is due by 31 January 2025. To allow us time to compile and check our reporting, 15 January 2025 is the last date for you to check and update your information.
What if my information is incorrect?
The Model Rules for Reporting by Platform Operators (MRDP) require Platforms to conduct due diligence to ensure that the information you have provided is accurate. This means Camplify checks the information given for any discrepancies, inconsistencies or gaps. Camplify may reach out via email to let you know if any required information is missing or incorrect. As part of our due diligence, we may require a copy of an identity document to confirm the details provided.
If the owner provides incomplete information or fails to provide requested due diligence documentation Camplify may take any or all of the suspension actions outlined in Camplify’s Terms of Service until the information is complete and verified.
What income will Camplify report?
Camplify will report the total remuneration paid to each owner and the amount of fees, commissions and taxes we have withheld from your gross rental income.
Will Camplify provide me with a summary of the payments reported?
Yes, Camplify is required to provide active owners with a summary of the information provided to HMRC annually by 31 January. This report relates to the previous calendar year reporting period.
How long will Camplify keep my information for?
Camplify is required to keep records for a period of not less than 5 years following the end of the reporting period.
How does Camplify ensure my personal and tax information is secure?
Camplify takes data protection very seriously. We comply with all applicable data protection laws, including the UK General Data Protection Regulation (GDPR), to safeguard your personal and financial information. Your data is securely stored, encrypted where necessary, and only shared with HMRC as required under the OECD Model Rules for Reporting by Platform Operators (MRDP) as adopted into UK law.
We also limit access to your data internally, ensuring that only authorised personnel handle sensitive information. If you have concerns or questions about data security, please contact us directly or refer to our Privacy Policy.
The processing of this data is legally based on Article 6, Paragraph 1 (c) of the GDPR (General Data Protection Regulation). For more details about your data rights, visit our Privacy Policy.