Monday, August 23, 2010

Question about powersellers on ebay? -

Hi, sorry if this is a bit of a naive question but do power sellers on ebay generally pay taxes I mean are they required to register or anything? Do a majority pay taxes? yup that s it

I m a Powerseller, and yes I pay taxes; but one dosen t need to pay VAT until your turnover reaches around ��60K,So yes in general Powersellers SHOULD inform HMRC within 3 months of trading

Yes, they are generally registered as business sellers, therefore they pay vat etc.

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