Does anyone know if BL now have to automatically report your sales to the HMRC
(UK sellers only, obviously). eBay, Etsy etc have started to do this since Jan
2024 under the new OECD tax rules but I don't think *every* platform has
started to do it.
It's not an issue for us as we have an accountant and report all our revenue
through them anyway so we paying the right amount of tax. Just wondering if BL
was also reporting as well though?
Does anyone know if BL now have to automatically report your sales to the HMRC
(UK sellers only, obviously). eBay, Etsy etc have started to do this since Jan
2024 under the new OECD tax rules but I don't think *every* platform has
started to do it.
It's not an issue for us as we have an accountant and report all our revenue
through them anyway so we paying the right amount of tax. Just wondering if BL
was also reporting as well though?
They should be reporting it in January 2025, like other sites should. Even if
a public announced procedure is not in place right now, they already have all
the tools they need to do it (number of orders and total sales volume) for 2024.
I imagine it is easiest to assume that they will report this at the end of the
year as they should be doing.
United Kingdom, England
