Earlier this year, there was a lot of buzz about new tax rules supposedly making everyone who sells online report to HMRC and pay tax. Turns out, that's not really the case. The tax rules for online sellers are the same as they've always been. But starting January 1, 2024, digital platforms have to start collecting info on online sellers and their incom…
Keep reading with a 7-day free trial
Subscribe to Accounting Journal to keep reading this post and get 7 days of free access to the full post archives.