Uhtred | 05-13-2020 08:46 AM | Ebay stealth and VAT I have just registered for vat due to related business outside of ebay reaching the threshold. My ebay turnover is only £40,000 per year. I want to be a good boy and pay vat on my ebay income but don't want to give ebay my vat number as details will not match. So if I manually send invoices to customers with vat number on and pay tax (VAT) on my ebay income (seen when it enters my bank account) then there is never any need for ebay to see my vat number.
The reason I ask is that my accountant wants me to supply my vat number to ebay so that ebay can feed into the accounting software automatically, I don't want to have the difficult ebay stealth account chat with my accountant.
Can anyone see any issues with this? |