Forum

Re: Update your account for the UK digital sales reporting law
 

Naw I think a lot of the accusatory posts were mod-deleted

Re: Update your account for the UK digital sales reporting law
 

afternoon chuckle :lol: - don't be calling out ppl hah

Re: Update your account for the UK digital sales reporting law
 

I dunno, her descent into madness was a traffic generator :)

Re: Update your account for the UK digital sales reporting law
 

It's all good - until someone gets hurt...

Re: Update your account for the UK digital sales reporting law
 

I think thats why the forum owners keep her here, imagine her out in the real life community! danger danger.

Re: Update your account for the UK digital sales reporting law
 

Morning chuckles :lol: - Everything else section has some fun posts...

Re: Update your account for the UK digital sales reporting law
 

In reality she must be great for the websites seo / marketing. The amount of keywords she uses across every single topic you can think of. Come to think of it I always thought rsot was a bot but maybe agent is.

Re: Update your account for the UK digital sales reporting law
 

You could be on to something there. Often her posts make absolutely no sense in relation to the topic being discussed and I thought it was just mental health stuff..

Re: Update your account for the UK digital sales reporting law
 

Life would be easier for me if I was a bot hah :FF:

Re: Update your account for the UK digital sales reporting law
 

life would be easier if you were a terminator

Re: Update your account for the UK digital sales reporting law
 

- always a classic scene, I sometimes quote it when I have to do an intro of myself at groups etc hah

Re: Update your account for the UK digital sales reporting law
 

it would be even easier outside the forums , that reminds of a standup show where the guy tells a story how he went for a walk in a ghetto and everybody was so friendly even though he was offending everyone around him swearing at them etc. and at the end he said how nice the people were down there and shows two holsters with guns under his arms

Re: Update your account for the UK digital sales reporting law
 

Anyone actually had any come back long term from using a N.I number variation?

Just trying to get my head around stealth again after all these years

Re: Update your account for the UK digital sales reporting law
 

As far as i know its only new accounts created in 2024 that were sent to HMRC in January. Established accounts next January.

That being said, I dont know of anyone, nor have I read of anyone that has been approached by HMRC or received anything from them for 2024 accounts.

Doesn't mean it hasn't happened, it's just not crossed my path just yet.

Re: Update your account for the UK digital sales reporting law
 

What’s crazy it’s eBay are still maintaining that huge stock price and revenue. The promotions and Chinese money is still flowing.

I hope Vinted guts them, the embracing of AI and further trends will not lead well if all UK guys get nuked.

Re: Update your account for the UK digital sales reporting law
 

Vinted is a pile of poo ... recently used them for two items, both items were dispatched really late and with a 48 hour pre-paid label so took a eternity to arrive and the site in general is riddled with scam listings.

At least on ebay I can ask the seller to send an item special delivery if it has value and they can buy the label they want. If I buy a scam listing on ebay they are quite quick to refund these days as well.

Re: Update your account for the UK digital sales reporting law
 

I think the thing that is still unanswered is how , or if, the HMRC goes backwards.

Its all good and well converting accounts to new/genuine details, but would the HMRC then get a report stating ALL the payouts where to the new bank account and the new details or will it show a change at some point? As eBay 'officially' does not allow detail changes, I suspect it will be the latter, which could cause some mega issues if you've been running for years tax free.

There has been some small pockets of people getting letters about online income for the 23/24 online, but not a whole lot, if it was widespread the internet would be lit with them.

It could also just be a scare letter, like they sent out years ago.

https://www.pistonheads.com/gassing/...=206&t=2020490

https://thumbsnap.com/i/6QyCqyjX.jpg?0516

Re: Update your account for the UK digital sales reporting law
 

Like with many laws, like immigration, it usually applies from "now" and onwards. So anything you done before, was in the past. That's what I would like to think.

If what you are saying is true that's an obscene amount of additional work for hmrc.

Re: Update your account for the UK digital sales reporting law
 

Not entirely sure immigration works that way, werent those bunch of racists previously in office sending people 'back' who were invited to come here in the 60's?

But I'd like to think this will be the case, I guess it depends when you officially 'take' over the account (entering new details) throughout the year, as you would then need to show enough evidence of this and how you acquired the account if you ever were questioned about it and would this then prompt further investigation?

I know, it seems dramatic, but if you've ever seen how yappy dog a young Police officer can be to make their mark, I wonder if it would be the same if someone similar got sniff of you at the HMRC.

Re: Update your account for the UK digital sales reporting law
 

This is why I'm told they'll be a cut-off. How long would it take to chase an account down the financial rabbit hole of ownership and other things like that. Then all that work reaps just a few hundred or few thousand pounds, but costs time, energy, training, salary, etc to reap such a small reward.

With even an average quality accountant anyone who turns over say £50k a year could only be liable for around £3k - £5k (depending on your level of profit and deductibles). HMRC don't have anywhere near the manpower to chase the amount of accounts that will hit their desks next January, so will target the bigger fish. I'm told they'll have their hands full chasing the VAT crew.

Re: Update your account for the UK digital sales reporting law
 

I've heard this before regarding the bigger fish, but when you come close or exceed the VAT threshold on eBay you have to enter in your VAT registration number otherwise your selling gets stopped. It's been this case for around 4-5 years. So this area has already been monitored and regulated for a long time.

I do agree, its too much work but that is why the mandatory NI number request is done, so it can be all done by computer. It MAY go something like this,

Send letter of undeclared income = no response, send fine letter = no response = investigation.

It 'may', it also may not be anything and all just a scare tactic :)

Using a hooky NI number can do one of two things imo, put your into the 'too much work' zone, or put you on the radar of supplying an incorrect number thus further investigation.

Re: Update your account for the UK digital sales reporting law
 

This new N.I attached to each account will catch those people out now and make it near impossible for them to carry on.