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Amazon to hand over seller data to HMRC

By Chris Dawson February 18, 2015 - 9:09 am

Amazon are displaying a note about tax disclosures on seller dashboards, informing them that their sales data may be handed over to HMRC.

This is nothing new and assuming you’re in the majority of sellers who are already submitting your tax returns and paying your dues you’ve nothing to worry about. All we’ve seen so far is HMRC contacting sellers but being too lazy to cross reference seller information with tax records so in the main hitting sellers who are up to date with the tax returns.

What is interesting is that it’s not just eBay coming under scrutiny at the moment. Of course this also depends on the seller coming to the attention of HMRC in the first place. On eBay all that appears to have happened is HMRC contacting business sellers asking if they’d paid their tax whilst ignoring businesses masquerading as private sellers who are more likely to have undeclared income.

Here’s the note that Amazon are displaying:

Important information about new UK tax legislation

17 Feb 2015
Under new UK tax legislation, HM Revenue & Customs (HMRC) may, upon request, oblige Amazon to disclose to HMRC data we hold in relation to sellers with a potential UK tax liability. The data request may include seller contact information and transaction data. For more information, see http://www.legislation.gov.uk/uksi/2013/1811/contents/made.

  • jon
    2 years ago

    How very honest of them; how much corporation tax did they pay last year in the UK? Oh, that’s right £4.2 million on UK revenue of £4.3 BILLION equating to 0.1% (source: Guardian, 2014). Not that any business shouldn’t pay tax, but I think I can see where the focus should be here, given we hear so much about HRMC’s limited resources…..

    • Simon M
      2 years ago

      Revenue is VERY different to profit. Or do you think they should be taxed even if they don’t make any profit?

      Also, don’t lose sight of the fact they are paying what they are lawfully obliged to. It’s a change in the law that is required if you think they should pay more.

      S.

    • Steve
      2 years ago

      Are Amazon now UK registered? If not then there is no legal requirement or “obligation” for Amazon to “hand over” anything.

      But if they are UK registered then shouldn’t they be paying more tax than the phathetic pittance they paid last year?

      Nahhh, this is all bullshit. Amazon know they are taking the piss with how little they “legally” pay and are simply trying to curry favour with HMRC at the expense of others.

      Long live The Revolution!! :)

    • Mac
      2 years ago

      Are you comparing apples and star trek?
      A UK subsiduary doing work for an overseas company will pay UK corporation tax on the subsiduary profits.

      So what is the turnover of the actual company paying UK corporation tax? Its not the UK turnover of a European company.

      So what is the name of the particular company thats paying UK corporation tax?

  • JohnC
    2 years ago

    Does that mean that they are going to be handing over their own data too?

  • Beachbum
    2 years ago

    At least it’s a start. HMRC should take note of the German Vat enforcement agency – Finanzat

    Apparently last year quite a few UK sellers were sent hefty Vat demands after using FBA Germany – Finanzat used the same Eu regulations to get sales data.

    HMRC needs to do some serious catching up with the new age of global ecommerce & vat evasion hitting our shores.

    • 2 years ago

      We can but hope. We are all aware HMRC are too porous and are not doing enough compared to Germany and France.

      Fingers and toes crossed the net is closing in on VAT evaders.

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