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Old 06-05-2019
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Default Stealth UK account

Hello everyone, my name is Chay, I am from Israel, I have a ebay account and PayPal Stealth UK. Does anyone know if I can declare him to the tax authorities? Or what are the rules of an account like this? And if it's even possible to declare it? I'm glad if someone answers me a opinion that he tried or knows personally the answer
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Old 06-05-2019
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Default Re: Stealth UK account

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Originally Posted by Chay23 View Post
Hello everyone, my name is Chay, I am from Israel, I have a ebay account and PayPal Stealth UK. Does anyone know if I can declare him to the tax authorities? Or what are the rules of an account like this? And if it's even possible to declare it? I'm glad if someone answers me a opinion that he tried or knows personally the answer
Tax?
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Tax?

Yes, can I declare a Stealth account? Because it's an fictitious account that's why I'm asking
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Yes, can I declare a Stealth account? Because it's an fictitious account that's why I'm asking
That's up to you.
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Default Re: Stealth UK account

TAX?
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Default Re: Stealth UK account


Tax tax tax.........
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Default Re: Stealth UK account

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That's up to you.
You know where I can read about this Stealth accounts, I want to give it to my accountant, that he'il learn about it
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Old 06-05-2019
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Default Re: Stealth UK account

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Originally Posted by Chay23 View Post
You know where I can read about this Stealth accounts, I want to give it to my accountant, that he'il learn about it
Your accountant doesn’t need to get involved in the stealth side of things. Just withdraw your funds into a bank account and he can sort your books out from their
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Default Re: Stealth UK account

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Originally Posted by jas View Post
Your accountant doesn’t need to get involved in the stealth side of things. Just withdraw your funds into a bank account and he can sort your books out from their
But the bank account and the PayPal account are on two different names. In PayPal from UK and the bank account is a virtual account that I link the account to in my Israeli bank. Won't the tax authorities want to know the name of the PayPal account from which I transferred the money?
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Default Re: Stealth UK account

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Originally Posted by Chay23 View Post
But the bank account and the PayPal account are on two different names. In PayPal from UK and the bank account is a virtual account that I link the account to in my Israeli bank. Won't the tax authorities want to know the name of the PayPal account from which I transferred the money?
Once I encountered an accountant that wanted to see my PayPal accounts.
He told me he had other eBay clients who all submitted their PayPal sales history.

You can choose another accountant who should be happy to see only bank statements - but you will have to fill him in on a lot of details throughout the year as your account can't be correct if he does not have all the figures.
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Default Re: Stealth UK account

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Originally Posted by jas View Post
Your accountant doesn’t need to get involved in the stealth side of things. Just withdraw your funds into a bank account and he can sort your books out from their

hi,
i bought paypal stealth account here from other member.
paypal blocked my account i waited 180 days but still they not release my money. keep asking me to send them poof of id and proof of adress. i am in uk.
can you please help me out for this.
thanks
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Default Re: Stealth UK account

Welcome to the forum - all the best as you master stealth
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