Reporting rules for digital platforms
Executive summary
AAT supports proposed requirements for UK platforms to report accurate information to HMRC, and to provide a copy to sellers, as this will help sellers to get their tax right and the authorities to identify and tackle evasion and non-compliance.
The government’s proposals to exclude platform operators with total payments below 1 million euros is a sensible provision to ensure the smallest are not subject to overly burdensome reporting requirements and AAT notes the opportunity for such platforms to comply if they wish to.
AAT believes that the definitions on the scope of the model rules are sufficiently clear, and that no additional guidance is needed in light of the government’s plans to adopt the extension of scope in its implementation of the model rules.
Related consultation responses
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