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Re: HMRC effects £1740 limit
 

Wow you worked in banking in 25 years ago and now you're ok a dodgy website finding ways to allude in part banking regulations lol. You are funny.

I've been doing this a lot longer than you, some of your infantile questions on Stealthing shows this.

I can't be worried, all my houses are in order. Why would you think that that weren't?

I have though, purposely left one account open to HMRC scrutiny just because I like being a bandit, and it will provide me information along the route regarding how they manage this situation. They won't manage to ascertain anything from it and even if they put the whole of the MET on it, I could plausibly pass it off anyway.

You honestly sound like one of those MAGA idiots that have no ability for critical thought.

Re: HMRC effects £1740 limit
 

As soon as you reply, you put yourself on the radar. Ignore it, and at least for the time being, nothing happens.

Sure as Ive said multiple times, this will change over the years for sure, IF they feel the investment is worthwhile.

Re: HMRC effects £1740 limit
 

Your posts do actually point to you being a bandit.

This has obviously effected you worse then I had thought, to the point of becoming delusional. When the time comes, and it will hopefully you won't lose everything, and if you have to do some jail time, you could use it to reflect. We all do make mistakes, albeit some bigger then others.

To anyone reading these posts, nobody knows what will happen Beacherhead especially. I'm stating what easily could happen, and to me it's not worth the risk. Just think toy ourself is it worth the risk?!

Re: HMRC effects £1740 limit
 

this is spot on and it has always been this way

Re: HMRC effects £1740 limit
 

Aye, it's the way it is, I can't debate with the fearful, it's become like religion to them , so I'm just going to politely ignore Mr Presumptuous and his Maga sensationalism

The fear system is clearly indoctrinating , which was the primary goal of the HMRC campaign though, so at least it achieved something.

Re: HMRC effects £1740 limit
 

It came to me yesterday, you must be a deeply insecure individual. You've seen people are clearly worried about the situation, so you fed them what they wanted to hear. You say it'll be OK, nothing will happen, it's scare tactics, etc. When it's impossible for you to now. The lemmings have latched onto your posts, you've got a few thanks, as a result it makes you feel good about yourself, your confidence grows, to the point where you have to keep it going, where deep down you don't know what will happen, you have no proof. Even murdered_by_ebay is agreeing with you which is never a good sign. It's kind of like a 13 year old girl posting a pic with a filter on insta for likes. Some of us have nothing to worry about, but we don't want you to feed your misinformation to others. When they stand up in court and say someone from a forum said it would be OK, won't wash in court.

Re: HMRC effects £1740 limit
 

*living in Captain America's head rent free and loving it*

Re: HMRC effects £1740 limit
 

Far from it hun, just waiting for the day you're proved wrong, and you will be. X

Re: HMRC effects £1740 limit
 

* clearly still living in Captain America's head rent free and loving it*

Re: HMRC effects £1740 limit
 

Let's keep this discussion constructive and focused on helping each other. This forum is meant for sharing knowledge, especially among those who have been in similar situations.

I’ve already shared my thoughts on this topic, but I’ll clarify again based on my experience. Having worked in this space for over a decade, with connections to multiple fintech companies and experience handling complex company structures and tax liability cases with HMRC, I can provide some insight.

HMRC is not currently equipped to investigate every individual selling goods on marketplaces at scale. In the short term, the impact will likely be minimal, and most actions taken will involve sending letters or requesting corrections to submitted information, such as National Insurance numbers. While HMRC has the authority to review bank accounts, it is unlikely they will conduct mass audits immediately.

However, this does not mean those who fully disclose their income and pay the correct tax will face issues. The primary focus will be on individuals generating significant income (thousands or more) who fail to declare or submit tax returns. In such cases, HMRC will likely reach out for corrections before taking further action.

There are several ways to address this. One option is to switch the account to a limited company with a separate business bank account. You could establish multiple limited companies, each with a distinct structure, provided there is a clear justification, such as selling different types of products, operating under separate brands, or conducting business from different locations.

This system is primarily designed to identify individuals who are not paying tax on what HMRC considers a business operating through a marketplace. As long as tax obligations are met and the business structure is properly maintained, there should be minimal cause for concern.

If anyone needs further clarification, I’m happy to share insights. Let’s keep the discussion focused on solutions.

Re: HMRC effects £1740 limit
 

While some of this is relevant, some of it is basic taxing rhetoric.

As this is a Stealth forum, one may ask, how will they establish who a person is being that the details will more than likely be hookie, and the address used won't be where anyone of that name resides, and also how they can claim that a claimed amount of ££ is being made, when in fact, without UTR or NI number, that can't be traced as the taxation on whatever is sold could be through someone else entirely. The man power it would take would need to be pretty massive to start investigating all the accounts like that, there are a LOT.

Its too long winded for an under resourced department who can't even handle existing sole trader tax returns. It may change as their system start to evolve, but its not there yet. Theres still a bit of time for some to cash in if they can't convert to genuine details.

I notice the 'Reporting' date has changed now for sellers who registered before July 2024 so will only be reported in 2026 now. Obviously there has been a backlog or some issues, but I hazard a guess we will see the NI number request happening this year sometime thats the key to it all really. OBvs it can easily be fluffed, but it'll be interesting to see if eBay are able to check it with HMRC. I have an account I have primed just for that reason for a bit of info finding.

Re: HMRC effects £1740 limit
 

Just to clarify, I agree with much of what you've said.

However, "stealth" and this forum exist to support those who have been unfairly removed from marketplaces like eBay. It is not intended for individuals looking to avoid paying their fair share of taxes. Using stealth to evade tax obligations is not a topic I’m interested in discussing.

As I’ve mentioned before, if this ever becomes a concern, there are legitimate ways to address it.

For instance, if you have a successful store generating consistent profits, why not transition it into a fully legitimate business with its own company structure and tax compliance? This approach allows anyone reading this to open multiple stores, test their success, and convert the profitable ones into legally compliant businesses.

Re: HMRC effects £1740 limit
 

Of course you don't have to discuss anything you don't wish to, but if you think the majority of those on this forum, and who have been Stealthing for the past, could even be decades, have being paying correct taxes, then that's rather naive to say the least!

It's a pretty moot conversation quite frankly as I doubt the majority invested in these threads are concerned about 'how to pay taxes' as that so much is very simple. You don't even need to go to the lengths of what you state, but yes your methods are valid, but any accountant can tell you this stuff, its basic business management. I don't think that is what people are needing to discuss realistically.

Re: HMRC effects £1740 limit
 

taxation problems are not really the main issue , there are so many people getting suspended , it always surprises me when they write here how they are going to open accounts planning taxation in advance although close to 100% of their new accounts will not survive long enough to pay any taxes

Re: HMRC effects £1740 limit
 

Correct me if I’m wrong, but this discussion seems to revolve around the new marketplace obligation to report seller data to HMRC once a certain threshold is met and how this might impact accounts going forward.

We already know that marketplaces request an NI number, which can be easily "provided". The real question being raised here is what happens after that and how long an account would remain active, correct?

If that’s the case, wouldn’t it make sense for anyone wanting to maintain their account beyond this point to transition it into a legitimate company structure if the store is performing well? Otherwise, they could simply "provide" an NI number and follow a rinse-and-repeat approach if the store isn’t viable long-term.

Personally, I think concerns about this issue are a bit premature at this stage.

Re: HMRC effects £1740 limit
 

I'm pretty certain Stealth in its purest form that we have been doing for 15+ years is deado now. With all my surviving accounts, I know eventually they may go and then it'll be thank you very much. I did very well out of it and I'm set for life from it so I can't thank this forum enough for being here when I had that first account suspended all those years ago..

It's interesting to hear through that using genuine details are all valid now, so I may do that just for a hobby once it all goes to pot.

Re: HMRC effects £1740 limit
 

I don't have too many concerns myself, it was the MAGA sensationalism shouting that steered the conversation in certain ways.

I can't see HMRC creating a 'check' service for eBay for NI numbers anytime soon. Of course years down the line that may change when they realise lots of numbers being given don't work, but to be fair, even the HMRC's own website literally says not to give your NI number to anyone or any company, so one could argue IF the extremely rare occasion someone gets questioned about why they submitted a hooky number could use as their defence. Will the HMRC 'get back' to eBay questioning an NI number? maybe but that's not going to happen immediately for sure.

I get what you're saying about creating a company profile but considering eBays track record with their inability to understand how this 'looks' and how the HMRC structures that, I mean eBay can't even manage 'partnership' businesses properly. I think the fear from those who have experience is when you start creating things in the legitimate but complicated way as you're describing, it will flummox them and you'll end up losing your account anyway.

The web and Youtube is full of people who got stung by eBay not understanding their legitimate business structure and banning them.

Re: HMRC effects £1740 limit
 

Took a break from this and came back today. I guess you're more experienced then me at stealth as well? I've been doing this 20 odd years as my history shows on Amazon and Ebay. You have no idea what will happen. I'm saying what can happen, not will happen. If you have evidence to back up your posts prove it?

Re: HMRC effects £1740 limit
 

it would be great if the problem was in stealth , nowadays people are suspended randomly without anyone even checking which details are right or wrong

as far as taxation is concerned I would recommend to continue as is , no what matter what it is and only care about NI on their accounts as far as their ability to continue selling is concerned

Re: HMRC effects £1740 limit
 

Probably about the same if you've been at it for twenty years.

Can happen is largely irrelevant, we could be put in jail for doing 35 in a 30 zone, but we aren't.

I've a fair bit of insight into the HMRC and its inner workings, so I am confident in my approach. You don't have to have confidence in me, that's ok.

Re: HMRC effects £1740 limit
 

Yup, Im with you on this. and now we wont even find out till sometime in 2026 with the shift in reporting dates, so this will be a long debate by then lol.

Re: HMRC effects £1740 limit
 

Like with everything you say, you have no proof of that. My posts here show mine. They show I do know what I'm talking about and I've helped loads of people, with no gain to myself. If I don't know I don't get involved. I've been pretty much the go to guy for Amazon stealth for years. To be honest I don't care how much experience you have, and I'm sure that won't bother you either.

Can happen is relevant when it can happen. Every account which has a bank account can be traced back to the owner. That is the over riding fact. I also guarantee you would not be put in prison for doing 35 in a 30!

This forum used to be full of people who knew what they were talking about and could back it up with their knowledge. Guys Like Ebayorbust. Now it's full of people with less then 50 posts who think they are experts but can't back it up. That's why this forum is dead now.

This situation is something new, nobody can know what will happen. That's my point you're confident nothing will happen, but it's impossible to know that. The minute they have your data anything can happen. Might be next year, might be 5 years. They have been planning this for years, and have other countries experience to fall back on. I know it's OK to not have confidence in what you're saying. I don't need you to think it's ok.

I'm the one who found out the majority of the info for all of this, as my posts can show. I've even contacted HMRC about it.

Share your insight then to give your posts some validation.

Re: HMRC effects £1740 limit
 

There has bene no shift with reporting dates either. It's exactly as it was from the start.

Re: HMRC effects £1740 limit
 

I do enjoy a good ego projection post!

You are nobody. The same as everyone else on here. we are all nobody, we all have anecdotal experience, and we all share what we know. We don't share how we know it, as you know and we keep some snippets back to ensure longevity of our own operations.

I do suggest reading my posts though as you are echoing what I have said regarding many of the concerns.

The reporting dates did change, that's why you didn't receive the eBay reporting document at the end of last financial year, its in the eBay brief that would would receive what was sent to the HMRC. I did recieve one however, on my account that was created after July last year.I have done lots of cause and effect work to learn as much as I can. Of course, you didn't have to believe that, I couldn't care less, I am merely sharing what I know, with others that would consider it.

This is my new username, I've been around longer than you but took a hiatus and couldn't remember my login ;)

You certainly dn't go to the company you want insider information about and ask them, and think its the 100% truth.. I have plenty of sources who gather this information from the inside and relay it back to me. But as I said, I literally have no real interest what YOU believe at all, I am merely offering what I know and what I believe if others are interested.

I am 100% percent sure no one has to worry this year or next, but as I've said before , maybe in a few years things will change as their systems evolve, until then its merely scaremongering and sensationalism, but its the very thing that got Trump elected so I understand how fearful humans can become, and they need to project this fear.

Re: HMRC effects £1740 limit
 

Again you are wrong. When the legislation passed it stated that accounts created before 2024 wouldn't be reported in 2025, that 2026 would be the first year they would be reported on. Albeit this wasn't clearly worded. Only accounts created in 2024 would be reported in 2025.

Can't be bothered with this rubbish, and I have no more steatlh accounts, so no need for me to be here any more.

When I'm proved right, and I will be, I'll pop back to say told you so.

Re: HMRC effects £1740 limit
 

Can't wait, but I doubt we will see you again :)

Re: HMRC effects £1740 limit
 

Don't leave... I havent had stealth accounts since converting them all during managed payments. But I still like this forum. It's what got me my income back.

In regards to the new reporting rules without arguing there have been a lot of logical responses that make sense. The same logic that got many of us back to selling.

Re: HMRC effects £1740 limit
 

you can just report all your stealth accounts , for example if you open new ones , it does not really matter much. even if you have wrong details somewhere but everything in your tax return you do not have anything to worry about . I was once reported by a foreign bank to HMRC and I had a wrong address with the bank which did not belong to me but I was able to receive letters there , no biggie , I replied , told them who I am and why I was not liable for taxation from that account and they replied to me that the info was received , if they have questions they will get back. it has been about 15 years now. They did not even care about the address , I just told them that I use a friend's address as I am abscent from the country every few weeks

Re: HMRC effects £1740 limit
 

Yes this was my point earlier. This convoluted process of ltd companies etc isn't really required.

A self assessment tax return though can be somewhat comical at times, they don't really ask for many specifics, so you keep a folder of each account, with each turnover, losses, costs etc for each month just in case you are ever audited, which is barely ever these days.

Re: HMRC effects £1740 limit
 

People are dealing with eBay's new disclosure rules for sales over £1740 in different ways. Some are declaring their sales and using their real details. Others might be exploring alternative withdrawal methods or considering the impact on their selling activity. It's a mix of compliance and adaptation.