HMRC news and archive

Fashion re-sellers must report sales to tax authorities

Individuals engaged in online side businesses such as reselling fashion and accessories, can anticipate increased scrutiny from tax authorities, with platforms such as Vinted and eBay now obligated to collect and share transaction details with HMRC as of January 1st. These measures, aligned with international efforts led by the Organisation for...

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Business

UK clothing manufacturers fined 90,000 pounds for underpaying staff

UK-based garment factory owners have been forced to pay almost 90,000 pounds for non-payment of minimum wage, new data from HMRC shows. Since 2012, an average of 900 pounds has been paid out to 126 factory workers. The figures show that more than 1,350 pounds has been paid in wage arrears to 10 workers following HMRC investigations into the...

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Retail

International sellers who do not pay VAT banned from online marketplaces

International sellers on UK marketplaces including Amazon and eBay are being banned following a crackdown on non-payment of tax. According to the BBC, thousands of international sellers have failed to pay the correct VAT on items sold online in the UK. Sellers, who aim to sell goods ranging from beauty and fashion to household items, have been...