HM Revenue & Customs is implementing new reporting rules requiring digital platforms to report transaction data and seller information for tax compliance purposes. The rules aim to improve tax transparency and reduce non-compliance among digital marketplace operators, with technical amendments ongoing to clarify scope and implementation requirements.
In response to: Technical amendments to the reporting rules for digital platforms
This tax information and impact note sets out the impacts of 2 technical amendments being made to the reporting rules for digital platforms which came into effect on 1 January 2024.
This tax information and impact note is about new reporting rules for digital platforms.
This tax information and impact note deals with the extension of joint and several liability for online marketplaces announced at Autumn Budget 2017.