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-   -   paypal is asking for Personal or business income tax return/filing (https://www.aspkin.com/forums/uk-ebay-paypal/51820-paypal-asking-personal-business-income-tax-return-filing.html)

starapparel 10-15-2012 06:14 PM

paypal is asking for Personal or business income tax return/filing
 
HI!
we made a total sale of 15000 GBP this month selling legitmate costumes and stuff. Now paypal has limited our account and asking for business licence or Personal or business income tax return/filing
Don't know which documents to send , can anyone help , as i never declare my ebay income.
Regards

slim jim 10-15-2012 06:36 PM

you sure they asked for income tax return? never heard of that one before

starapparel 10-15-2012 07:12 PM

Quote:

Originally Posted by slim jim (Post 384234)
you sure they asked for income tax return? never heard of that one before

yes it's even strange for us, but is there any high volume seller who faced the same problem, we din't know that they ever ask for income tax return filing .

slim jim 10-15-2012 08:37 PM

can you post the email here

GreenBean 10-15-2012 09:04 PM

Quote:

Originally Posted by starapparel (Post 384229)
HI!
we made a total sale of 15000 GBP this month selling legitmate costumes and stuff. Now paypal has limited our account and asking for business licence or Personal or business income tax return/filing
Don't know which documents to send , can anyone help , as i never declare my ebay income.
Regards



Find a tax professional NOW. You earn monies. You pay tax.

Start declaring it.

You are in trouble.

Forum is NOT for giving advice on this.
EVER


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