UK eBay & PaypalGeneral discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.
i have a friend, want to quit ebay. he is a personal seller and he ask if i want to buy his account.
i am thinking can i just use my bank detail on managed payment and upload my own vat to the account, which is not related to the seller information, is it ok to do so?
thanks
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While its not officially transferred it is fine to add in your own bank account (ideally a business one) and then update the VAT number
I'm not convinced that changing the VAT number wouldn't pique their curiosity, particularly when it belongs to an unconnected business. Not sure how supplying VAT receipts, claiming it (fees etc) back via their accounts and reporting to HMRC would work either.