UK eBay sellers receive tax warning
Published February 12th, 2007
Sellers on the auction website Ebay are being warned to check if they need to register as self-employed with HM Revenue and Customs and pay tax.
Research suggests that about 68,000 people make all or a substantial part of their living selling things on Ebay.
However HMRC suspects that many can be defined as self-employed traders but are not paying their proper taxes.
It is warning them that they should pay income tax, national insurance and possibly value added taxas well.
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