Re: National insurance number - think it will link accounts?
That's not exactly correct. Ebay worded it very badly. As I posted on here some time ago. HMRC are giving a grace period to all marketplaces on when they have to gather the info for existing sellers. It isn't an ebay thing. Quote:
Originally Posted by james_112233 It was discussed on the eBay boards. And then eBay updated that paragraph but it appears they are still sticking to their original plan and will be reporting new accounts in Jan next year and then by the end of the next year all legacy accounts on eBay that exceed the thresholds will be required to provide their nino. Makes sense as they made it clear that when the SSN was implemented in the USA it had such a negative effect on eBay. They are clearly trying to reduce that effect with the implementation of N.I and HMRC reporting by giving their old members a grace period who will no doubt be familiar with selling and their tax obligations anyway and obviously be eBay's main earners still making good profits for eBays shareholders.
I'm sure HMRC are also giving eBay a chance to get things in order as it's a collosal task no doubt.
I know we have the rest of the year to go but I've exceeded the threshold on a old legacy account and still haven't been asked to provide nino on it. | |