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HMRC calls on online marketplaces to sign agreement tackling VAT fraud

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HMRC calls on online marketplaces to sign agreement tackling VAT fraud

The agreement will help platforms meet their responsibility to ensure their sellers understand the tax rules, and prevent fraud taking place on their watch.

 

HMRC is today (25 April 2018) asking all online marketplaces operating in the UK to sign an agreement to help tackle online VAT fraud and errors taking place on their platforms.

 

Online marketplaces have transformed the way people shop and helped millions of businesses to sell their products and services.

 

These platforms have a responsibility to ensure their sellers understand the tax rules and prevent fraud from happening on their watch.

 

READ MORE HERE: https://www.gov.uk/government/news/hmrc-calls-on-online-marketplaces-to-sign-agreement-tackling-vat-fraud


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