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.
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