11.17.22

Draft rules for digital platforms

HM Revenue & Customs in the United Kingdom has published some draft rules relating to reporting rules for digital platforms.

These rules impose the following obligations on digital platforms:

  • To collect information relating to income of sellers using their platforms to:
    • Rent out property
    • Provide personal services
    • Sell goods
    • Rent out transport

The final regulations are expected to come into effect on 1st January 2024.

Compliance is complicated

Want to learn more about how Tungsten Network makes the process of staying compliant easier?

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