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-   -   LTD Companies (https://www.aspkin.com/forums/uk-ebay-paypal/140903-ltd-companies.html)

assad 12-20-2020 05:28 PM

LTD Companies
 
Hi,

This has probably been asked way too much already but here goes,

Is anyone running a LTD/vat company under stealth accounts ?

Thanks

frustr8ed 01-11-2021 05:13 AM

Re: LTD Companies
 
Bump - Would be interested in an answer to this too!

yellowprintdirect 01-12-2021 01:14 AM

Re: LTD Companies
 
I have 5 accounts. Am due to be vat reg but don’t want to input my vat number into all 5 accounts as that’s a obv link???

coolcatty 01-12-2021 12:59 PM

Re: LTD Companies
 
not easy to explain if HMRC do a check on you as well :/

Pandoras_box 01-12-2021 03:01 PM

Re: LTD Companies
 
Quote:

Originally Posted by assad (Post 1132136)
Hi,

This has probably been asked way too much already but here goes,

Is anyone running a LTD/vat company under stealth accounts ?

Thanks

Can be done. The only snag is any previously suspended director will have the account suspended eventually.

Pandoras_box 01-12-2021 03:13 PM

Re: LTD Companies
 
Quote:

Originally Posted by yellowprintdirect (Post 1135914)
I have 5 accounts. Am due to be vat reg but don’t want to input my vat number into all 5 accounts as that’s a obv link???

Yes, that will cause a link. I have encountered this on both my non-stealth accounts but I had permission from eBay.

If you haven't reached the threshold on some accounts, you can stop sales until your last 12 months of sales drop off significantly.

If you're due to be VAT registered but haven't reached the limits on any accounts, you can do so and not have to notify eBay.
In that case, your registration would be to meet HMRC's requirement only.

Are you the same Yellowprint guy on eBay? If you are, then take it from me - your listings used to be so spammy!
I'd throw a brick through your window but I don't know where you live. :lol:

Pandoras_box 01-12-2021 03:21 PM

Re: LTD Companies
 
Quote:

Originally Posted by coolcatty (Post 1136030)
not easy to explain if HMRC do a check on you as well :/

In that case, we should be in Her Majesty's Prison.
But we aren't because eBay is a corporation devoid of the kind of regulations that govern banks.
HMRC can't be bothered if you sat at their Chief Executive's desk and spawned 100 stealth accounts and punched in the same VAT numbers.
If you don't pay your taxes, however... :croc:

yellowprintdirect 01-12-2021 04:19 PM

Re: LTD Companies
 
Quote:

Originally Posted by Pandoras_box (Post 1136054)
Yes, that will cause a link. I have encountered this on both my non-stealth accounts but I had permission from eBay.

If you haven't reached the threshold on some accounts, you can stop sales until your last 12 months of sales drop off significantly.

If you're due to be VAT registered but haven't reached the limits on any accounts, you can do so and not have to notify eBay.
In that case, your registration would be to meet HMRC's requirement only.

Are you the same Yellowprint guy on eBay? If you are, then take it from me - your listings used to be so spammy!
I'd throw a brick through your window but I don't know where you live. :lol:

I don’t sell on eBay ? Well only a printer at mo..


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