Government could force tech firms to report sellers' income to HMRC

clock • 2 min read
Government could force tech firms to report sellers' income to HMRC
Image:

Government could force tech firms to report sellers' income to HMRC

The new rules, intended tackle tax evasion, will affect as many as 5 million firms in the UK

The UK government is seeking to implement new rules from January 2023 that will force tech companies to report information about the income of sellers on their platform to HMRC. The plan follows...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
IT leaders: Computing research 'informs buying decisions'

Green

The latest Sustainability Matrix is 'essential’ reading

clock 20 May 2024 • 4 min read
AWS sales grow to $25bn in Q1 2024

Corporate

Amazon also reported AWS annual run-rate of $100bn

clock 01 May 2024 • 2 min read
CMA invites comments on Microsoft and Amazon AI partnerships

Legislation and Regulation

Regulator has warned against Big Tech's growing AI dominance

clock 25 April 2024 • 3 min read

More on Government

Brexit Border IT outage sparks fresh food delays

Brexit Border IT outage sparks fresh food delays

Retailers rejected deliveries as shelf life dwindled

clock 16 May 2024 • 3 min read
Cabinet Office trials AI chatbot for civil service

Cabinet Office trials AI chatbot for civil service

Redbox Copilot moves to beta testing

Tom Allen
clock 05 April 2024 • 2 min read
UK and USA sign joint agreement on AI safety

UK and USA sign joint agreement on AI safety

But regulatory approaches still differ

Tom Allen
clock 02 April 2024 • 2 min read