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Old 10-15-2012
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Default 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
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you sure they asked for income tax return? never heard of that one before
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Originally Posted by slim jim View Post
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 .
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can you post the email here
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Quote:
Originally Posted by starapparel View Post
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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