amazon and ebay face crackdown over vat fraud by overseas sellers /

Published at 2015-12-22 21:15:02

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UK Treasury looking at ‘all possible options’ after claim that big online marketplaces collaborate with vendors over tax evasion on accepted goodsTop tax officials are exploring whether Amazon and eBay can be forced to foot the bill for ballooning VAT fraud associated with an army of small abroad sellers who are rapidly coming to dominate sales of many accepted items on Britain’s leading shopping websites.
A Guardian inve
stigation has found that hundreds of tall-value gifts including Apple watches,iPads, Fitbits and Panasonic cameras are being sold on Amazon’s UK website without VAT being charged.
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Source: theguardian.com

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