UK Tax Agency Goes After eBay, Etsy, and Amazon Sellers
By Ina Steiner
EcommerceBytes.com
June 02, 2015
inShare
Tax-collection agency HM Revenue & Customs (HMRC), which is the UK version of the United States' Internal Revenue Service (IRS), had its legal powers extended last year and is now going after small online sellers. The latest crackdown impacts sellers on eBay, Etsy, Amazon, and Gumtree.
From reading the examples, it would seem any person who sells online had better keep good records of their costs - see more about that on the AuctionBytes Blog.
Sign up for our Email Newsletters
http://www.ecommercebytes.com/cab/abn/y15/m06/i02/s01