HMRC have published draft regulations for the UK’s implementation of the OECD’s model reporting rules for digital platforms. The rules would require digital platforms to collect, and report to HMRC, information on the income of sellers using their platforms to rent out property, provide personal services, sell goods, and rent out transport.
Source Deloitte
Latest Posts in "United Kingdom"
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members