- UK implemented OECD reporting rules for digital platform operators from 1 January 2024
- In-scope UK digital platforms must collect and report income of sellers annually to HMRC
- First reporting of data required in January 2025
- Reports to be made using HMRC’s digital platform reporting service
- Guidance on what qualifies as a platform, who needs to report, and information to be collected
- More detailed information available in HMRC Manual
- HMRC guidance on selling goods or services on digital platforms and potential tax obligations
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Refunds of UK VAT for Non-UK Businesses / EU VAT for UK Businesses
- VAT on Mobile Phones: Regulatory Updates on Mobile Device Tax Treatment
- Investment Gold Coins and VAT: Tax Treatment of Precious Metals
- Peppol Confirmed as Core Interoperability Network for UK E-Invoicing Mandate
- Consultation on Extending Online Marketplace VAT Liability to UK Sellers
