| froza | 01-05-2020 12:17 PM | Employer wants to use eBay account Hi,
I work for a UK company where its sole income source is reselling products online through their eBay account. From what I am aware, eBay encourages businesses to open multiple accounts to help their sales. His plan is to create a new business on eBay using my account, selling off the same products, so he can run two businesses selling the same product type.
Ebay allows you to fully change the details on your account, however it will still be traceable back to me if anything happens as eBay keeps record of this. He has said that the threshold for sales would not go above the £85k limit for this account. He has a VAT ID for his main business and makes quite a large turnover from the sales.
Can anyone advise me on to why he would want to use my account? I ask here because you guys are more than likely experts on this sort of thing.
If anyone can advise me who has experience with eBay businesses I would greatly appreciate it. |
agent006140 | 01-05-2020 02:03 PM | Re: Employer wants to use eBay account your employer can have 6 email addresses for his Paypal account,one being primary.
So he can set up 6 Ebay IDs and each use a different Paypal emails,the payment will all go to one Paypal account,unless he is trying to avoid hitting a limit.
but I would not like the idea of him using your account,if things go bad,your account would be limited,then you cant sell your own items using Paypal.
worse,if he drains your account and then disputes/returns/chargebacks come in,you are liable.
how is he going to transfer fund from yours to his Paypal account ? |
JamesNorth101 | 01-05-2020 03:50 PM | Re: Employer wants to use eBay account HMRC are pretty sharp on people trying to avoid the VAT limits by doing exactly what he is trying to do
I wouldn't let him do that with your account personally |
Twisty | 01-05-2020 04:05 PM | Re: Employer wants to use eBay account Tell him to open up a new eBay account. He can carry on using the same PayPal account.
Do not give your account to anyone else. |
JamesNorth101 | 01-05-2020 06:01 PM | Re: Employer wants to use eBay account It’s not perfectly legal start a second business selling the same services and items in order to avoid VAT....
It is legal start up a second company selling a separate service or separate set of products in order to have a going over the threshold on the first company.
You have to demonstrate that they are two totally separate and non related businesses. HMRC are very strict on incorrect company disaggregation which this would be |
JamesNorth101 | 01-05-2020 06:27 PM | Re: Employer wants to use eBay account Quote:
Originally Posted by froza
(Post 1059457)
Ebay allows you to fully change the details on your account, however it will still be traceable back to me if anything happens as eBay keeps record of this. He has said that the threshold for sales would not go above the £85k limit for this account. He has a VAT ID for his main business and makes quite a large turnover from the sales. | If details are being changed we can assume it wont be kept in OPs details and would be changed to the directors details with a new company.
If it was being kept in OPs details then its maybe possible if done correctly, but would still be a very bad idea as it would put a lot of liability on OP.
Overall highly advise against letting them use your eBay. Could cause a lot of issues for you |
yellowprintdirect | 01-05-2020 06:30 PM | Re: Employer wants to use eBay account But let’s be honest this is all relivent if you get investigated which is very rare |
JamesNorth101 | 01-06-2020 05:41 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059678)
You can't change ownership of an ebay or paypal account. | Yes you can. They can be changed from personal to business and in doing so you can also change the ownership details. Can you change the original name the account is registered under? Yes you can also do that. Not as easily as you used to be able to, but its still possible. |
Re: Employer wants to use eBay account Welcome to the forum OP - all the best as master stealth :thumb: |
JamesNorth101 | 01-06-2020 05:57 AM | Re: Employer wants to use eBay account One key thing to remember is half the eBay & PayPal reps have no idea what they are talking about ;) |
JamesNorth101 | 01-06-2020 06:15 AM | Re: Employer wants to use eBay account Sure - but you still can
Personal accounts - No (used to be able to change the name on this until about a year ago)
Business accounts - Still easily done |
james13v | 01-06-2020 08:06 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059707)
Whatever. I was told "no you can't" their own terms say "no you can't".
So I'm going to stand with my original comment.... "no you cant".
But I'm happy to be proven wrong with some kind of evidence rather than hearsay. :thumb: | His point is, you " can't" technically, but " can" in practice. Just as you can't make an ebay account under a fictitious name, yet, you can. I mean, people do legally change their own names after all.... " sorry sir, you can't change your real name, to your new real name on ebay" lol |
JamesNorth101 | 01-06-2020 08:30 AM | Re: Employer wants to use eBay account eBay dont want you to transfer the account. But again that doesn't mean it cannot be done
A very simple example - Ltd companies do get sold, and Ltd companies do sometimes have eBay accounts. When the company gets sold, the eBay account gets sold with it and is transferred to the new owner.
That is the most basic example but far from the only one.
Your just incorrect on this one, but if you wish to stick to thinking what an eBay rep has told you that is your choice and really not worth getting into a back and forth over. |
agent006140 | 01-06-2020 08:59 AM | Re: Employer wants to use eBay account This is interesting,if the Ebay account is a business account ,when the business is sold,the Ebay account could be transferred to the new owner.
Ebay starts out as a person to person buy/sell community,your feedbacks reflects your performance,it would be misleading to your buyers if new ownership would provide the same service. |
yellowprintdirect | 01-06-2020 09:04 AM | Re: Employer wants to use eBay account It’s easy to change details on eBay account not so easy for PayPal. I change my eBay’s accounts details but leave PayPal alone as they want ids etc. |
yankee | 01-06-2020 09:07 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059707)
Whatever. I was told "no you can't" their own terms say "no you can't".
So I'm going to stand with my original comment.... "no you cant".
But I'm happy to be proven wrong with some kind of evidence rather than hearsay. :thumb: | Yes you can but why in the world would anyone waste their time proving this to you? :brushteeth: |
JamesNorth101 | 01-06-2020 09:08 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059729)
Your guess/opinion is more valid | Experience and knowledge - as well as having done it :thumb:
Honestly it really doesn't matter too much to me what you think with RE to this. Its important that the information that is on the forum is a reflection of what can actually be done in real life. In this instance details can be changed and no I am not going to spend time proving that to you because that doesn't change the fact that it can be done.
Im sure eBay & PayPal would tell you a lot of things can or cannot be done. If you wish to take that at face value that is totally fine if that works for you |
yellowprintdirect | 01-06-2020 09:18 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by yellowprintdirect
(Post 1059733)
It’s easy to change details on eBay account not so easy for PayPal. I change my eBay’s accounts details but leave PayPal alone as they want ids etc. | But to quote myself wouid this cause problems ? Having diff details from eBay to PayPal ? |
JamesNorth101 | 01-06-2020 09:19 AM | Re: Employer wants to use eBay account Nope that is fine these days. Used to be an issue but doesnt seem to matter anymore |
yankee | 01-06-2020 09:22 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059737)
Because you cant. :bounce: | Who cares what a stranger thinks? People with that much time on their hands need to get back to selling or get a hobby unless your hobby is the same as agents? To just troll the forum? :shhh::peace::lol: |
james13v | 01-06-2020 09:33 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by JamesNorth101
(Post 1059736)
Im sure eBay & PayPal would tell you a lot of things can or cannot be done. If you wish to take that at face value that is totally fine if that works for you | The amount of times a rep has told me, something is impossible. To also have the same thing repeated by the next 5 reps, only to have that impossible thing happen without argument, instantly, by the next rep I speak to. lol |
JamesNorth101 | 01-06-2020 09:37 AM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059744)
JamesNorth101. ;)...you....;) | Not really no. I do care that correct information is on the forum though :thumb: |
RipeBanana | 01-06-2020 01:24 PM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059544)
I also have 3 stealth accounts running at any time paying no tax but I put the cost of the stock through my/our Limited Companies, it's easily lost, so they're operating both income tax and VAT free. They're burners, I dont get too comfortable with them to reduce the chance of unwanted attention ditching them every 3 or 4 months or so. Clearing about 150K p.a on those.
Not particularly honest of me but I sleep well at night regardless. | Are your stealth under fictional names? if so, why are you scared of it getting traced back to you by hmrc? |
ebaystealth1974 | 01-06-2020 01:28 PM | Re: Employer wants to use eBay account Quote:
Originally Posted by tinsoldier
(Post 1059696)
Interesting. I stand corrected. I was told by ebay about 12 months ago that transfer of ownership was not permitted when I inquired with something similar to what OP is discussing. | As usual, they're full of shiit. You've ALWAYS been able to sell your accounts/businesses and transfer ownership. |
ebaystealth1974 | 01-06-2020 01:29 PM | Re: Employer wants to use eBay account Quote:
Originally Posted by froza
(Post 1059457)
His plan is to create a new business on eBay using my account | Yeah, that'll be a HARD NO from me! | All times are GMT -5. The time now is 02:59 PM. | |
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