HMRC complmpliance check

[screwbay]

Hi guys today i was shocked to recieve a HMRC compliance letter asking for some details that i need to provide to HMRC.

One of the requirements was to include my ebay username and teh iste i trade on.

What do i do for this?!!

[screwbay]

i think an accountant was suspicious i had 3 paypal accounts hence this popping up.

[wired]

You need to be more forthcoming with your situation if you need advice.

Just give them one of your ebay names - but if its more complicated then you need to explain.

[screwbay]

Originally Posted by wired

You need to be more forthcoming with your situation if you need advice.

Just give them one of your ebay names - but if its more complicated then you need to explain.

i am i have never had anything like this before so i dont know how forthcoming i should be?

They seemed to think i may be underpaying in my self assesment forms.

in 2014/15 i made double of what i did in 2015/16 maybe this was supicous to them.

I have always payed the right amount in all of my self assesments, nothing was underpaid, but im just unsure re the names on the ebay accounts plus addresses, i am unsure what tdo here, im guessing they will see that and ask questions.

[wired]

It dosent matter, they just want to see numbers, IF they audit and look, which 9/10 , they wont.

The address can be classed as a warehouse address, and the name can be your 'manager' or to the like.

[screwbay]

Originally Posted by wired

It dosent matter, they just want to see numbers, IF they audit and look, which 9/10 , they wont.

The address can be classed as a warehouse address, and the name can be your 'manager' or to the like.

im thinking of just change the address to my banned address add an extra A or something on it, as i dont want to risk it.

this is completeley out of the blue, i did show my accounts to an accountant online one, and he was being a bit off. it probably was him who notified them, as i use three paypals it probably looked suspicious to him what an idiot.

hmrc work with ebay so they can figure out everything etc. im a sole trader and not ltd, so i doubt i will have a manager or warehouse.

[screwbay]

if they decide to inspect the premises then....that would be another problem.

[Haidukken]

Originally Posted by screwbay

im thinking of just change the address to my banned address add an extra A or something on it, as i dont want to risk it.

this is completeley out of the blue, i did show my accounts to an accountant online one, and he was being a bit off. it probably was him who notified them, as i use three paypals it probably looked suspicious to him what an idiot.

hmrc work with ebay so they can figure out everything etc. im a sole trader and not ltd, so i doubt i will have a manager or warehouse.

nd he was being a bit off

...

i use three paypals it probably looked suspicious to him what an idiot.

You two sound like an accident waiting to happen, perhaps you both need to take a deep breath and look deep within, to find some answers. Perhaps you should have a better idea how to handle your business stuff and then with full knowledge find an accountant who is suitable for your needs.

[screwbay]

Originally Posted by Haidukken

...



You two sound like an accident waiting to happen, perhaps you both need to take a deep breath and look deep within, to find some answers. Perhaps you should have a better idea how to handle your business stuff and then with full knowledge find an accountant who is suitable for your needs.

i could just be a bit paranoid....

I think this normal the leter stated if ive overpaid "i will get refunded" if ive underpaid "i will have to pay th extra amount with interest" plus may "pay a penalty."

it could just be a random check, as they are known to do this, something must have falgged me.

[wired]

Dude, serious, Haidda is right, chill out. Go see a proper accountant and explain to them how you operate and pick up a prescription for some benzos en route.

If this is a real serious HMRC check they would be knocking at your door, not writing you letters.

[screwbay]

Originally Posted by wired

Dude, serious, Haidda is right, chill out. Go see a proper accountant and explain to them how you operate and pick up a prescription for some benzos en route.

If this is a real serious HMRC check they would be knocking at your door, not writing you letters.

lool hahaha i think i am overreacting abit,

but what do i do regarding the names, they want usernames, should i give them all? or just one. they are differnet names to mine so, will this cause any problems.

[Bunneh]

well give them the ebay user name for the ebay account that has the same address where you received this letter..

[screwbay]

Originally Posted by Bunneh

well give them the ebay user name for the ebay account that has the same address where you received this letter..

thats been inactive for a long time, ive not used it since 2015.
its not suspended, i just cant sell on it.

[Bunneh]

so this inactive account is the only ebay account you have that is registered at the address where you received this letter?

If so, seems like it is random.

[screwbay]

Originally Posted by Bunneh

so this inactive account is the only ebay account you have that is registered at the address where you received this letter?

If so, seems like it is random.

yes, i use stealth accounts now.

any advice what i should do? im thinking just to change the name, or i could say its a friends account that i use?

[wired]

Unless your ex girlfriend is trying to shaft you...if she buys you a bottle of lube for your birthday, then you know it was her that dobbed you in.

[screwbay]

Originally Posted by wired

Unless your ex girlfriend is trying to shaft you...if she buys you a bottle of lube for your birthday, then you know it was her that dobbed you in.

lol
im certain ive done nothing wrong, ive paid all my taxes that im due. Its a random check, i will supply everything they ask for, but the stealth details might cause suspicions, so im not sure what to do here, change the address and name on them or just say ive used a friends account to trade with on occasions.

[Bunneh]

Seems weird that they would ask for info on an account you havent sold on for 2 years?

[Play]

Originally Posted by screwbay

One of the requirements was to include my ebay username and teh iste i trade on.

This may just be me, but I think your overthinking the situation.

From the sounds of it, its probably just a random check. HMRC from what I gather should be able to see your ebay sales. If you give them your username, I presume all they want to do is check that your takings add up with what ebay have to say about your sales figures.

They also mentioned they want to know if you trade on other sites as well... so if the figures don't add up on the ebay front, they will know any remaining figure must be coming from the other site(s).

I would speak to an experienced accountant to get an idea of what it is HMRC actually want from you, and perhaps they can interpret it better.

Most importantly find out when the deadline is to act on this, so you get everything done in time.

[screwbay]

Originally Posted by Play

This may just be me, but I think your overthinking the situation.

From the sounds of it, its probably just a random check. HMRC from what I gather should be able to see your ebay sales. If you give them your username, I presume all they want to do is check that your takings add up with what ebay have to say about your sales figures.

They also mentioned they want to know if you trade on other sites as well... so if the figures don't add up on the ebay front, they will know any remaining figure must be coming from the other site(s).

I would speak to an experienced accountant to get an idea of what it is HMRC actually want from you, and perhaps they can interpret it better.

Most importantly find out when the deadline is to act on this, so you get everything done in time.

Thanks for the reply, i gathered this.

But is it not an issue, that the ebay accounts registration name and address is different to my own? what possible explanation can i give?
i can state it is my friends address....freinds account...

or i can change the registration name and address to my own, ad a little A on the house number, it might just work a charm.

i only use ebay, nothing else.

so my question is should i give them one username or all of them? and what about the name and address on each of them.

ive spoken to an accountant they stated it should be ok if the name/address is different, but not sure what i should do, i have a month to gather everything they need.

[e2free]

Well my advice don't take this thing easy it's serious matter, they don't normally send these types of letters unless it's always trigger with our own mistakes, sales going up and down each year, sending returns late, paying late etc

Best to change one ebay account address with your business name which you declared to hmrc and give that username if this account feedback match with your declared income you will be good to go,

If not then they will ask further documents ie invoices, expenses, bank statements etc
If you give all your account Id this may give you more trouble

[screwbay]

Originally Posted by e2free

Well my advice don't take this thing easy it's serious matter, they don't normally send these types of letters unless it's always trigger with our own mistakes, sales going up and down each year, sending returns late, paying late etc

Best to change one ebay account address with your business name which you declared to hmrc and give that username if this account feedback match with your declared income you will be good to go,

If not then they will ask further documents ie invoices, expenses, bank statements etc
If you give all your account Id this may give you more trouble

yes i think this is th best thing to do.

i may change on some accounts and give them

they have already asked for bank statments, paypal transactional records for the whole tax year.

yes my sales dropped 50% in 15/16 tax year than year before hence why it probably triggered this for me, plus i file my returns very late close to deadline.

i will send all my paypal transactional data they have asked for, so they can calulate for themselves that i havent underpaid or overpaid in tax and have paid what i owe them.

the oly thing is name and address on ebay dont match.