Chancellor George Osborne gives tax inspectors fresh powers to warn abroad sellers active in UKAmazon and eBay are to be held liable,in some cases, for VAT fraud committed by a growing army of abroad sellers using their websites – and costing Britain hundreds of millions of pounds a year in lost tax receipts.
The chancellor is giving tax inspectors fresh powers to warn high-risk abroad sellers active in the UK through eBay and Amazon. If, or after those warnings,sellers do not correctly collect VAT within 30 days, eBay and Amazon can be held liable for the lost tax.
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Source: theguardian.com