Although the UK is not subject to DAC7, we are updating our processes to align with global standards, including similar European regulations like DAC7. These changes mean we need to collect additional information from broadcasters/creators to process payments. Providing accurate information is essential to avoid issues with payouts.
DAC7 in short: European rules require platforms to report income from creators to the Tax Authorities. Here’s how to comply easily — without hassle.
DAC7 & the Tax Authorities
DAC7 requires platforms like CAM4 to report user income to EU tax authorities. Our process is streamlined so you can pay out quickly and compliantly.
Tip: Keep your details up-to-date (social security number, address, name). Is everything correct? Payouts run smoother.
What is DAC7?
DAC7 is European legislation that requires platforms to share certain information about user income with tax authorities. Goal: to combat tax evasion and promote fair taxation.
Why is this important to you?
Transparency
With correct data, you contribute to a fairer system and avoid administrative issues.
No Surprises
Because your information is complete upon registration, you will not face additional obligations later.
Fast Payouts
Correct data = fast processing of your payouts.
What Happens to Your Data?
Privacy & Security
- Data is only used to comply with DAC7.
- We store your data securely and only share what is legally required.
What We Do/Don’t Report
- We report necessary information (such as the amount you have earned).
- We do not report the nature of your activities on the platform.
What Do You Need to Do?
- When registering, fill in your details completely and correctly (social security number, official name, address, country).
- Keep your profile information up-to-date (moved or changed name? adjust immediately).
- Check your payment and profile settings occasionally to avoid delays.
Important: this article is informative and not tax advice. Consult the Tax Authorities website for official information.
Questions or Need Help?
Do you have questions about DAC7 or payments? Email us via payments@cam4.com. More information can also be found on the Tax Authorities website.
Make sure your details are always up to date. Does something change? Adjust it directly in your profile to prevent interruptions.