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-   UK eBay & Paypal (https://www.aspkin.com/forums/uk-ebay-paypal/)
-   -   basic account (https://www.aspkin.com/forums/uk-ebay-paypal/71596-basic-account.html)

gresty 03-24-2014 02:36 AM

basic account
 
Can I be a business with a basic account? ie register with the tax to pay tax on items sold on my basic account on ebay?

JamesNorth101 03-24-2014 02:38 AM

Re: basic account
 
You can use what ever bank account you want so long as it accept mismatching name deposits. For tax advise, you will have to speak to a professional tax adviser.

gresty 03-24-2014 02:42 AM

Re: basic account
 
I mean basic ebay account, just because of the info ebay ask for when setting up a business account. I dont see how I could provide this information if Im using a variation of my real name or would I give the tax and ebay different info?

Leng 03-24-2014 03:11 AM

Re: basic account
 
Quote:

Originally Posted by gresty (Post 539122)
I mean basic ebay account, just because of the info ebay ask for when setting up a business account. I dont see how I could provide this information if Im using a variation of my real name or would I give the tax and ebay different info?

I don't see how tax man can login to your eBay and PayPal accounts and view the names, nor do they care or would waste tax payers money on something so insignificant. Just pay tax and use eBay as your personal ATM :yar:

rsot 03-24-2014 04:49 AM

Re: basic account
 
Quote:

Originally Posted by gresty (Post 539122)
I mean basic ebay account, just because of the info ebay ask for when setting up a business account. I dont see how I could provide this information if Im using a variation of my real name or would I give the tax and ebay different info?

Basic eB account works but you should evaluate based on your level of activity. Taxes are taxes - questions should be addressed to tax professional, not hte forum

gresty 03-24-2014 04:49 AM

Re: basic account
 
Thanks, I was more worried that ebay might be able to get my real info through my vat number

JamesNorth101 03-24-2014 06:23 AM

Re: basic account
 
Quote:

Originally Posted by gresty (Post 539163)
Thanks, I was more worried that ebay might be able to get my real info through my vat number

Just make sure you do not use the same VAT number across several EB accounts.


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