ebay UK sending sales data to HMRC

[175tom]

From what I’ve gathered they are only sending information across from January 2024 onwards so sales before this date are not being sent over. However, I am a small seller. Surely they are chasing those who are running a business from a personal account selling large quantities, constant sales and large sales figures. As someone stated earlier there are millions of eBay users, it seems odd they would hand over sales figures for sellers making around £8,000 a year? Then again who knows? I am the same as you though slightly worried about making any sales from January onwards I guess ill just wait and see

[fokbay]

Originally Posted by OldTom

Hello all, time to accept the inevitable.
Clearly I can’t ask this on the ebay forum, but what are those with high selling private accounts in someone eses name going to do when ebay UK start sending sales data to HMRC next year?
Converting to a business isn’t an option and I’m getting increasingly nervous about simply chancing my arm and ignoring it.
I’ve left it as long as I can, time to formulate a plan before the year end and any advice you can offer would be greatly appreciated.

On Italy or Germany eBay send information about sales to Tax agency after 2000 EUR )

[rsot]

Originally Posted by OldTom

How would it work if I buy an account as I'm getting nervous about next years changes. Am I jumping out of the frying pan into the fire?

normal to be nervous but make sure you understand stealth

[paulieg1]

what about changing stealth account details to your UK company?

[SaiJin]

Originally Posted by OldTom

Hello all, time to accept the inevitable.
Clearly I can’t ask this on the ebay forum, but what are those with high selling private accounts in someone eses name going to do when ebay UK start sending sales data to HMRC next year?
Converting to a business isn’t an option and I’m getting increasingly nervous about simply chancing my arm and ignoring it.
I’ve left it as long as I can, time to formulate a plan before the year end and any advice you can offer would be greatly appreciated.

The eBay forum is a joke anyways, this is the best forum to ask real questions so ask away.

I'm not a UK expert but basics wise you can read them in the stealth guide.

I'm sure the other UK expert members here can help you more than me

[OldTom]

Originally Posted by rsot

normal to be nervous but make sure you understand stealth

by 'understand' do you mean adding legitimate bank details to an account created with a stolen identity. If so then yes, I do understand because I'm doing it now and it's time to stop knowing what's round the corner.

I was trying to ascertain if the accounts sold here do the same, create them with stolen ID and we have to add legitimate bank details.

[rsot]

you don't use stolen identity for stealth - you use madeup info...it is possible to operate without being hit with an ID request. if you're looking at big volume of sales then you will need to figure out about business operation vs personal

[OldTom]

Originally Posted by rsot

you don't use stolen identity for stealth - you use madeup info...it is possible to operate without being hit with an ID request. if you're looking at big volume of sales then you will need to figure out about business operation vs personal

I was under the impression that they did a soft credit check and the days of imaginary names and addresses were long gone.

So much conflicting info on this forum????

[Freakzilla]

Not really pal, just spend time reading the right info.

Originally Posted by OldTom

I was under the impression that they did a soft credit check and the days of imaginary names and addresses were long gone.

So much conflicting info on this forum????

[OldTom]

Originally Posted by Freakzilla

Not really pal, just spend time reading the right info.

erm....okay. How does that work? So do you know if they do a soft check (mentioned many times on the threads I've read) or is the poster above right and any old made-up info will work?

Can anyone shed any light on how a purchased account is created?

[SaiJin]

Originally Posted by OldTom

I was under the impression that they did a soft credit check and the days of imaginary names and addresses were long gone.

So much conflicting info on this forum????

Can you tell me which conflicting info you've been saying and who said what?

I'll clear it up if I have more details form you

[Freakzilla]

You click on the search forums at the top of the site and search for what you want to find out. You then ascertain what you want from there.

Originally Posted by OldTom

erm....okay. How does that work? So do you know if they do a soft check (mentioned many times on the threads I've read) or is the poster above right and any old made-up info will work?

Can anyone shed any light on how a purchased account is created?

[OldTom]

Thank you for editing the above post @Saijin, I didn't know whether they were being sarcastic and condescending or just plain stupid.

I simply want some clarification as to whether bogus names and addresses will work as one of the posters above suggested or whether they had to be real as it has been suggested that they do a soft credit check and will eventually ask for ID.

I know it will be a trade secret and I understand that, but can anyone suggest how the account sellers create accounts?

Anyhoo, whilst I do not believe ebay are currently sending sales data to HMRC I have decide to temporarily suspend my name-sensitive accounts sand am looking for ways to operate legitimately and buying one is an obvious option once I've got my head around the pending data release info.

[kk123]

Same problem and in Greece (EU).
After 30 transaction the Ebay will be send Tax Report to Tax authorities.
First time this will be happen Jan 2024 for the year 2023.
I closed me 3 stores to avoid problems...

I think not solution (?)

[degsey69]

Originally Posted by OldTom

Still not convinced that ebay have been legally obliged to send all sales figures to HMRC, I can find absolutely nothing. Isn't that why the changes are happening?
I hope not now they have a link to my real identity via the bank accounts I've added.

How would it work if I buy an account as I'm getting nervous about next years changes. Am I jumping out of the frying pan into the fire?

Look up DAC7 which is a EU directive which HMRC is complying with, how much we do not know, all I know is that if eBay passed on all info to HMRC over a certain amount, they do not have the resources to chase every single penny that may be owed to them.

It is different in the USA as a 1099 is issued by eBay which is attached to your tax account by your Social Security number or EIN by the IRS and if you do not declare the 1099 they are on your back about it.

[rsot]

Originally Posted by OldTom

I was under the impression that they did a soft credit check and the days of imaginary names and addresses were long gone.

So much conflicting info on this forum????

apologies

apologies for any confusion - there are some differences between the country platforms

[OldTom]

Originally Posted by degsey69

Look up DAC7 which is a EU directive which HMRC is complying with, how much we do not know, all I know is that if eBay passed on all info to HMRC over a certain amount, they do not have the resources to chase every single penny that may be owed to them.

I agree, there is no way that HMRC have the means to investigate all the data.

I just don't want to be in the list which their software selects for investigation.

Unless of course they employ another 87,000 agents like they have in the States to chase the poorer paid members of society whilst big business is paying little or no tax. But that's another story.

[paulieg1]

I don't think any softchecks are necessary here.

they will simply request UTR or NINO for UK sellers (my assumption), and if you can't provide it - you can't sell.

And UTR/NINO can't be random numbers

[OldTom]

Originally Posted by paulieg1

I don't think any softchecks are necessary here.

they will simply request UTR or NINO for UK sellers (my assumption), and if you can't provide it - you can't sell.

And UTR/NINO can't be random numbers

I don't think they'll go down that route unless they want to completely eliminate private sellers which are still valued by ebay.

That said, Amazon have effectively done it. It's not that difficult to identify business sellers not meeting their legal obligations, it just that ebay seem incredibly laxed on doing it.