Ebay

Poodle
Poodle Registered Posts: 711
in General accounting discussion
When I just logged into my ebay account I had to register if I used my account for private or business purposes.

Interesting, stand by for a flood of new internet retailing clients with HMR&C enquiries:laugh::laugh::laugh:

Poodle

Comments

  • deanshepherd
    deanshepherd Registered Posts: 1,809
    I could be wrong (it's been known :blushing:) but I seem to remember reading an article whereby Ebay were compelled to provide HMRC with details of users who completed over and above a certain number of sale transactions within a certain time period.

    You've been warned!!
  • richardw
    richardw Registered Posts: 108 🎆 🐘 🎆
    Well HMRC have been monitoring ebay for a few years, investigating those who appear to be earning their living from it.
  • Dave
    Dave Registered Posts: 1 New contributor 🐸
    They used to send a letter to sellers who broke the personal allowance threshold, saying they would have to delare earnings to HMRC. I presume its gone into more detail now by the looks of it lol.
  • claudialowe
    claudialowe Registered Posts: 275
    More clients for us????? :thumbup::thumbup:

    Claudia
  • PaulPSB
    PaulPSB Registered Posts: 55 💫 🐯 💫
    deanshepherd wrote: »
    I could be wrong (it's been known :blushing:) but I seem to remember reading an article whereby Ebay were compelled to provide HMRC with details of users who completed over and above a certain number of sale transactions within a certain time period.

    You've been warned!!

    Yep

    HMRC served Ebay with a writ to supply the details of all sellers with multiple and/or high value transactions.

    :ohmy:
  • AatAbi
    AatAbi Registered Posts: 47 💫 🐯 💫
    Fair enough, why not?!! make money, pay tax, all will benefit.

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