HMRC targets Etsy, eBay and Gumtree sellers

[Jimmy-J]

Such websites are being forced to hand over customer account details, including their selling activity, as part of the Revenue’s legal powers that were extended last year.

This type of information gathering has enabled the taxman to target 14,000 individuals it suspects of failing to declare profits on their self-assessment tax returns, the Revenue confirmed.

Using extensive new powers introduced last year, HMRC can download people’s account information and even force sellers to pay tax that is disputed or subject to an inquiry.

http://www.telegraph.co.uk/finance/p...y-taxable.html

Good ,Ebay,Gumtree etc where originally intended for people selling items they no longer needed, not for people to set up online companies making large tax free profits

[v0id]

About time

[Gary L]

i think the government should have all our Ebay, Gumtree and Bargain Pages account details.
just incase we unknowingly have too much money. and it'll be handy for them to be monitoring us so we don't have to worry about anything.

we should also tax the air.

[Sirius]

Originally Posted by Gary L

i think the government should have all our Ebay, Gumtree and Bargain Pages account details.
just incase we unknowingly have too much money. and it'll be handy for them to be monitoring us so we don't have to worry about anything.

we should also tax the air.

They already do its called the TV tax

[mrmistoffelees]

Conservatism 2.0, picking on the little guy

We're still all in this together ? Right?

[Osem]

Originally Posted by mrmistoffelees

Conservatism 2.0, picking on the little guy

We're still all in this together ? Right?

You have no idea how 'little' these people are. Those who evade their tax certainly aren't in this together.

[nomadking]

Little guy?

John Woolfenden failed to pay almost £300,000 in tax on his DVD and games business, in a high-profile case designed to put off would-be evaders.

Also from the article

People who register their account as a “business seller” on websites such as eBay or Amazon are among the likely targets.

Another article in the Telegraph with a more in-depth explanation (9 point test).

http://www.telegraph.co.uk/finance/p...t-pay-tax.html

I suppose this means everything will become more expensive on these sites..

[Gary L]

It means that there will be less people bothering. and Ebay will put the prices up to make up the profit losses.

---------- Post added at 23:06 ---------- Previous post was at 23:03 ----------

Originally Posted by Sirius

They already do its called the TV tax

Eveyone's stopping paying that now

Now's a good time to bring out the pavement tax.

[papa smurf]

Originally Posted by Gary L

It means that there will be less people bothering. and Ebay will put the prices up to make up the profit losses.

---------- Post added at 23:06 ---------- Previous post was at 23:03 ----------



Eveyone's stopping paying that now

Now's a good time to bring out the pavement tax.

look out for Jumble sale tax

scouts xmas post tax
and church roof fund tax

''''''''''''''''''''''''


The tax man's taken all my dough,
And left me in my stately home,
Lazing on a sunny afternoon.
And I can't sail my yacht,
He's taken everything I've got,
All I've got's this sunny afternoon.

[Osem]

The real 'small' guys will have nothing to fear and little (if anything) to pay. Of course if there's a few 'faces' behind numerous small, accounts making lots of money they're not declaring then they might have something to worry about. That's as it should be I'd have thought.

Well, considering some of the posts, HMRC could recoup a fortune with a "talking bolleaux" tax*.

HMRC are going after people who run businesses but don't declare this as income, not Joe Public with occasional sales....

(*I would probably be on the Higher Rate....)

[denphone]

So if l decide to sell some of my prized DVD collection l am fine then Hugh?.