皇冠体育app

In 2021 the government consulted on the UK implementation of the Organisation for Economic Co-operation and Development鈥檚 (OECD鈥檚) .

皇冠体育appse rules will require UK platform operators to collect, verify and report certain details of sellers who work on their platform to HMRC, and to provide a copy of the reported information to sellers. HMRC will exchange the information with other tax authorities and will use it to detect and tackle any non-compliance by sellers. 皇冠体育app information given to sellers will also help them to comply and complete their tax returns correctly.

皇冠体育app summary of responses to the consultation published on 20 July 2022 said that the government will publish draft regulations to implement the new reporting rules.

皇冠体育app draft regulations set out further details of:

• the actions that digital platforms will be required to take to comply with the rules
• the penalties for failing to comply with the regulations and the appeals process

皇冠体育appse draft regulations will be of interest to:

• digital platforms which facilitate the provision of services, sales of goods or the rental of property or transport
• organisations and bodies that represent digital platforms or their advisers

皇冠体育app government is seeking technical feedback on the draft regulations to ensure they operate as the government intended and to identify any areas which need further clarification in more detailed guidance. HMRC are happy to have meetings to discuss technical concerns raised by the draft regulations.

Please send responses and requests for meetings to [email protected].

皇冠体育app final regulations are expected to be made in early 2023 to come into force on 1 January 2024.