HMRC - update on online trading

[mrs maggot]

just had this posted up on another forum, might be worth a read,

The e-marketplaces campaign is for people who are trading online through an online marketplace, sometimes referred to as an online auction or online market to sell goods and services as a trade or as a business but aren't paying the right amount of tax.
If you trade online this guide explains how you can tell HMRC of your previously undisclosed income and pay what you owe. To take advantage of the preferential terms on offer you must tell HMRC you wish to take part in the e-Markets Disclosure Facility (e-MDF) by 14 June 2012.
For some people it's hard to decide whether they are trading or not, and this guide will help you decide if you are trading and what to do if you need to get your tax right.

http://www.hmrc.gov.uk/campaigns/emarket.htm

[Renniwano]

Interesting read...

[accdave]

For some people it's hard to decide whether they are trading or not, and this guide will help you decide if you are trading and what to do if you need to get your tax right.

http://www.hmrc.gov.uk/campaigns/emarket.htm

No wonder this country is skint when the HMRC are trying to make excuses for people avoiding paying taxes

[mrs maggot]

tbh that bit mad me laugh a lot, i can imagine everyone who says i only buy and sell 50 cars a year on ebay - it gives me something to do while im waiting for me dole money