Tax Dodging eBay UK Traders Have Nowhere to Hide as RoboTaxMan Hunts 'Em Down

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Tax Dodging eBay UK Traders Have Nowhere to Hide as RoboTaxMan Hunts 'Em Down

05-27-2006, 10:03 AM,

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mandy Offline

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Tax Dodging eBay UK Traders Have Nowhere to Hide as RoboTaxMan Hunts 'Em Down

You better pay your VAT taxes or else robotaxman will get you eBay UK traders. Tongue

Quote:Robot targets eBay tax dodgers

THE taxman is clamping down on tax dodging e-traders by hunting them down using a 'web robot'.

The £250,000 robot, which was launched in March, is an advanced search engine that targets high-volume traders, such as those that sell goods on eBay, that fail to register for VAT.

HM Revenue & Customs (HMRC) expects the device to rake in an extra £1m a year in VAT and to force an extra 20 businesses to register for the tax...

full article: http://www.thisismoney.co.uk/tax-advice/..._id=409383&in_page_id=77

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