Re: Buying from your own e-commerce site
Correct me if I'm wrong here guys.
If you are being a good boy (or girl) and declaring all of your sales to the tax man, by moving money (that should have already been declared to the tax man) to a different PP account via an ecommerce website, surely you would need to be declaring it twice?
Not only would it make your turnover look artificially bigger, it may push some people (in the UK at least) closer to the VAT threshold. I know for me that would be a nightmare.
Unless you are passing to a PP account that is not declared to the tax office?
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