In 2018, HMRC published a consultation on the possible use of “split payments” to collect VAT directly via the e-commerce payment process. The idea is that when qualifying goods or services are purchased, the VAT element of the purchaser’s payment would be routed to HMRC directly, and the seller will only receive the net amount.
Source: fiscalsolutions.co.uk
Latest Posts in "United Kingdom"
- UK VAT Rules on Online Prize Draws Face Scrutiny Amid New Voluntary Code and Industry Growth
- How UK Businesses Accidentally Trigger US State Sales Tax Through Ecommerce and Economic Nexus
- Director Liable for VAT Fraud and PAYE/NIC on Withdrawals: Ellis & Anor v HMRC (2026)
- UK VAT Gap Rises to £11.9bn in 2024–25, HMRC Reports 6.5% Shortfall
- Luzha v HMRC: VAT Late Submission Penalties Upheld, No Reasonable Excuse Found, Appeal Dismissed
