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-   -   Taxman sets 'new technology' on eBay sellers in latest tax crackdown (https://www.aspkin.com/forums/ebay-news/42471-taxman-sets-new-technology-ebay-sellers-latest-tax-crackdown.html)

SUVE 02-09-2012 12:32 AM

Taxman sets 'new technology' on eBay sellers in latest tax crackdown
 
For the UK Bayers out here:

Taxman sets 'new technology' on tradesmen, eBay sellers and even Avon ladies in latest tax crackdown
By Lee Boyce
Last updated at 6:15 PM on 8th February 2012

Everyone from Avon ladies to those holding Ann Summers or 'Jamie at Home' parties have been warned to get their finances in order ahead of a planned crackdown by the UK tax authority.

HM Revenue & Customs (HMRC) has used new technology to identify parts of the economy likely to have a high number of missing tax returns.

The flourishing 'direct selling' industry is one of these, as it is possible that many people new to direct selling are unaware they need to fill in a self-assessment tax return to declare their earnings.

The taxman will target those who receive income from selling goods direct to others, or are paid commission, for example through home-delivered catalogues or 'party plan' sales.

The cottage industry of home sales parties has flourished in recent years with Jamie Oliver parties and gatherings of The Pampered Chef particularly popular among stay-at-home mums in the Home Counties.

The boom in these kitchen sales echoes the popularity of Tupperware parties in the Seventies and Eighties.

'Jamie at Home' launched in 2009 but the taxman could equally be targeting more established industries such as door-to-door Avon sales.

HMRC's new campaign will also target tax evaders in a plethora of other industries, including builders and eBay sellers.

The taxman will target tradespeople working in the home improvement market – namely builders, roofers and bricklayers.

HMRC also reaffirmed previously announced plans to launch campaigns targeted at electricians and those who trade on e-marketplaces such as eBay, both of which it intends to launch before the end of next month.


Thankful 02-09-2012 10:39 AM

The best way to dodge paying tax is to become a football manager.

SUVE 05-13-2012 11:26 PM

A slight update on this today.

Ebay & Amazon have been ordered to surrender tens of thousands of members’ details to the taxman as part of a crackdown on online trading.

HM Revenue & Customs has issued legal notices asking for the data, including names & email addresses.

Companies that do not comply promptly could be fined £300, with an additional £60 per day if they fail to respond by the end of the month.

HMRC has already written to thousands of people who may not have declared all the tax they owe relating to internet sales. It hopes to raise millions of pounds by targeting online traders, who have until June 14 to come forward & benefit from a reduced penalty of 20 per cent of the tax owed. The penalty will then rise to 100 per cent, but in the worst cases traders could face prosecution.

Cracking down on internet sales: HMRC on the hunt for Ebay's biggest tax dodgers | Mail Online

PS Thankful.....remember that chat we had had the other day on this eh ??? Oh deary deary me lol my heart bleeds for you lol :tears:

stickmade 05-14-2012 09:35 AM

but if we are using stealth details and these details are passed on to inland revenue then i guess it wont fall back on us? :noidea:

Thankful 05-14-2012 09:48 AM

Quote:

Originally Posted by stickmade (Post 340808)
but if we are using stealth details and these details are passed on to inland revenue then i guess it wont fall back on us? :noidea:

They can still trace you down actually - through banks.

Bunneh 05-14-2012 07:13 PM

:behindsofa:

Seems after reading a few sites,
They are mainly going after the big sellers...But you never know....:violin:


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