- Reporting rules for digital platforms in the UK
- UK follows OECD Model Reporting Rules for Digital Platforms
- Rules started in the UK from 1 January 2024
- Requirements for digital platform operators in the UK
- Examples of services that qualify as digital platforms
- Exclusions from reporting rules for certain types of platform operators
- Penalties for not reporting to HMRC by the deadline
- Reporting requirements for reportable sellers
- Categories of low-risk sellers that do not need to be reported
- Information that needs to be collected from sellers on the platform
- Requirements for due diligence and verification of seller information
Source: gov.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.