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E-Commerce Revenue Transparency: HMRC Demands Reporting of User Earnings

Maria avatar
Shared by Maria • February 26, 2024

The development of online marketplaces in the UK is forcing regulators to pay more attention to them. The revenue transparency of e-platforms is important to both regulators and platform users, as it ensures legal standing and customer trust. Now, new rules are being put in place to guarantee this transparency. This article explains why anyone selling goods or services on platforms like Etsy, Amazon, eBay, or Vinted will have to report their earnings to HMRC.